Nifty may open on negative note, shed 8 points

nifty-marketF&O Outlook:

Nifty PCR-OI has increased to 0.98 from 0.92. The rise in the ratio may be due to increase in PE of 9700 and decrease in CE of 10500. PE of 9800 and CE of 9900 are the highest number of contracts traded.

Opening for the Day:

Trading of SGX Nifty futures on the Singapore stock exchange indicates that the Nifty could lose 8 points at the opening bell.

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