Nifty proceeded to trade with sideways to positive bias for the second trading session and touched the high of 10779.45, before closing the week at the level of 10767.65.
Wall Street’s major index Dow Jones also traded with a positive bias for the third trading session in a row and touched a high of 25325.63 against its last close of 25241.41.
However, SGX Nifty couldn’t sustain its gaining sentiment and has moved to the red region from day’s high of 10795 to the low of 10692.50. Weakness in the global market may affect the domestic market and thus, Nifty may open with negative sentiment.
Update: As per Friday’s report from National Stock Exchange (NSE), FII sold shares worth Rs222.5 crore, while domestic institutional investors purchased shares worth Rs459.44 crore in the Indian equity market.