Nifty Expected to Open on a Flat Note
- By Advisorymandi |
- Oct 26, 2018
- Last Updated at 08:49 IST
The National Stock Exchange (NSE) Nifty index after a sharp gap down opening continued to trade lower throughout the session on Thursday. It opened at the level of 10,135.05 from its previous close level of 10,224.75. During its trading session, it touched an intraday low of 10,079.30 and closed at 10,124.90, 99.85 points down.
It is the global cue and correction in index heavyweights Reliance Industries and HDFC twins weighed down the market. As a result, the index hit a fresh seven-month low during the day but managed to show some recovery in later part of the session to close above 10,100 levels.
Taking a cue from the global sentiment and previous trading session, it is expected to see a flat opening in its today’s session.
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OPINION POLL
Will Nifty breach 10600 till expiry?
- YES
- NO
- CAN'T SAY
