Will Nifty gain above 22,000 or decline further after FED policy- 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 Thursday. Here is all you need to know before the market opens.

GIFT Nifty traded up by 128.50 points or 0.59% at 22,053 indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex on Thursday. Previously, on Wednesday, the NSE Nifty 50 ended up by 21.65 points or 0.10% to settle at 21,839.10, while the BSE gained 89.64 points or 0.12% to 72,101.69.

“Markets traded volatile and ended almost unchanged, taking a breather after Tuesday’s decline.  After the initial uptick, it resumed decline in no time however recovery in select heavyweights pared losses as the session progressed. On the sectoral front, a mixed trend continued whe…