See flat opening: Maximus Securities

Written By Unknown on Jumat, 19 September 2014 | 10.54

According to Maximus Securities, trading of CNX Nifty futures on the Singapore stock exchange indicates that the Nifty could gain 4.50 points at the opening bell.

Maximus Securities' derivative report:

Nifty PCR-OI has increased to 1.18 from 0.96. Rise in the ratio may be due to increase in PE of 8100 and decrease in CE of 8000.

PE of 8000 and CE of 8100 are highest number of contracts traded.

Trading of CNX Nifty futures on the Singapore stock exchange indicates that the Nifty could gain 4.50 points at the opening bell. American jobless claims fell by 36,000 to 280,000 in the period ended 13 September 2014, the Labor Department said yesterday.

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