According to Maximus Securities, trading of CNX Nifty futures on the Singapore stock exchange indicates that the Nifty could gain 12 points at the opening bell.
Nifty PCR-OI has increased to 1.15 from 1.00. Rise in the ratio may be due to increase in PE of 8000 and decrease in CE of 8000.
PE of 8000 and CE of 8200 are highest number of contracts traded.
Trading of CNX Nifty futures on the Singapore stock exchange indicates that the Nifty could gain 12 points at the opening bell. The Institute for Supply Management said its US manufacturing activity index rose to 59 in August, the strongest since March 2011. July construction spending was at its highest level in over 5-1/2 years.
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