Market outlook July 03: Gap-up open likely; Vraj Iron, Bank Nifty in focus

Quick Summary:

Strong call writing was observed at the 24,200 Strike in Nifty, which acted as a strong resistance for Nifty on intraday basis.

Shares of Vraj Iron and Steel to list today; grey market premium indicated a likely listing gain of 20-odd per cent on the stock.

The selling was more focused on Bank Nifty futures, wherein net sold 2,629 contracts.

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Category: BusinessFinance

Markets: IndiaAustralia

Topics: Trading strategies Stock market pre-market analysis Bank nifty FII flows Daily stock market outlook Equity benchmark indices Indian stock markets Pre-market update Us fed Dii buying Gift Nifty futures

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Article Type: News Report

Published On: 2024-07-03 @ 07:14:47 (2 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 1235 words

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