Nifty futures traded strongly last week as it continued its uptrend it started the previous week. On Friday (24th May, 2024) it traded flat to close at 23019.6. The major gainers for the day were HDFC Bank(1.65%), L&T (1.23%) and Bharti Airtel(1.05%). Volume & OI Analysis: The daily volume in Nifty futures remained low on … Read more
Nifty futures traded strongly last week to recover most of the losses it incurred in the previous week’s fall to close the week at 22543. NSE had a special trading session on Saturday (18th May,2024) but Nifty experienced lackluster volume and closed with a minor gain of 0.21%. Major gainers for the day were Nestle … Read more
Nifty futures last Friday (May 10th,2024) experienced some buying at lower levels to close at 22140, thereby gaining 0.29%. The major gainers for the day were BPCL(4.48%), NTPC(2.73%) and PowerGrid(2.57%). Volume & OI Analysis: The volume for the day stood at 7.16 million, which is lower than the last 10 days’ average. The cumulative open … Read more
Nifty futures last Friday (May 3rd,2024) experienced some selling to close at 22575, thereby losing 0.87%. The major losers for the day were LT(-2.77%), Maruti(-2.45%), and NestleIndia(-2.24%). The volume for the day stood at 10.96 million ( a relatively high volume compared to the last 10 days). The cumulative open interest (COI) stood at 11.72 … Read more