Nifty may open on positive note: Maximus Securities

nifty-updateF&O Outlook:

Nifty PCR-OI has increased to 1.23 from 1.17. The rise in the ratio may be due to increase in PE of 9600 and decrease in CE of 9500. PE of 9500 and CE of 9700 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 gain 3 points at the opening bell.

 

The Nifty is likely to open flat on Tuesday, tracking muted handover from Wall Street. The index closed 21 points higher on Monday to close at 9,675, a fresh record closing high.

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