Will Nifty Trade Above 24,800? Essential Factors to Monitor
Monday, 19 August 2024, 17:36
Will Nifty trade above 24,800? As we approach the weekly expiry, GIFT Nifty's uptick of 51.50 points, or 0.21%, to settle at 24,660 underlines a hopeful outlook for domestic indices. In this article, we outline key indicators to consider for an informed trading session.
Market Opening Insights
Key factors that could influence market performance include:
- iFII Data: Understanding foreign institutional investments.
- iF&O Ban: Implications of any ban on futures and options.
- iCrude Oil Prices: Impact of oil movements on market sentiment.
Key Takeaways
- Investors should monitor GIFT Nifty trends closely.
- Keep an eye on external factors like global market conditions.
- Stay informed about major FII movements that can signal market changes.
For more detailed insights and updates, stay tuned!
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.