Will Nifty trade above 21,700 levels or fall ahead- See GIFT Nifty, FII data, F&O ban, crude, more before market opens

GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a positive opening on Friday. Here is all you need to know before the market opens.

GIFT Nifty traded up by 21 points or 0.10% at 21,715. indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex on Friday. Previously, on Thursday, the NSE Nifty 50 gained 28.50 points or 0.13% to settle at 21,647.20, while the BSE Sensex ended higher by 63.47 points or 0.09% to 71,721.18.

“Markets traded dull and settled almost unchanged, in continuation to the prevailing consolidation phase.  After the initial uptick, Nifty slipped gradually lower however recovery in the select index majors pared the losses in the final hour. Consequently, Nifty closed at 21647.20 …