SGX Nifty – Trends on SGX Nifty indicate a gap down opening for the index in India with a 128 points gain.
The Indian stock market is expected to open in the red following weak Asian cues as virus cases continue to surge. SGX Nifty indicates a gap down opening with a 128 points loss.
The market snapped its four-day winning streak on June 24 ahead of June futures and options contracts expiry, with the benchmark indices falling 1.58 percent, dented by weak European cues and selling pressure across sectors barring FMCG. The Sensex corrected 561.45 points to close at 34,868.98. The Nifty lost around 250 points from the day’s high and closed with a loss of 165.70 points at 10,305.30.
FII and DII data – Foreign institutional investors (FIIs) net bought shares worth Rs 1,766.9 crore, while domestic institutional investors (DIIs) sold shares worth Rs 1,524.9 crore in the Indian equity market on June 24, provisional data available on the NSE showed.
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