Stock market outlook July 01: Nifty may open flat amid mixed Asian cues

Quick Summary:

Pre-market: Nifty trading guide for Monday; Experts see NSE index trading in 23,850-24,200 band in the near-term.

In the derivatives segment, FIIs index long-short ratio stood at near about 5:1, meaning nearly 5 long bets for every single short position in the index futures.

The Bank Nifty daily chart displays an evening star (bearish pattern) with the daily RSI standing at 65 and shifting down towards its average line.

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Category: BusinessFinance

Markets: IndiaAustraliaFranceJapan

Topics: Dii buying Equity benchmark indices Indian stock markets Pre-market update Gift Nifty futures Us fed FII flows Stock market pre-market analysis France elections

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Published On: 2024-07-01 @ 07:22:00 (1 days ago)

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News Source URL: business-standard.com

Language: English

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