NiftyFuture last close : 16621.20 (+0.7%)
On Thursday, NiftyFuture was seen range with positive bias
NF was opened 16450 and went to 16575 again fell to 16475 finally bounced to 16645
Sensex closed 436.94 points, or 0.79 percent, higher at 55,818.11
Nifty ended the day 105.25 points, or 0.64 percent, higher at 16,628
Nifty IT index was up 1.82%, while metals gained 1.14%
The public sector banks and realty indices gained close to 1% each
Midcap index ended 0.03% higher, while the smallcap index gained 0.65%
Oil prices steady on doubts OPEC+ can make up Russian deficit
FIIs net sold 451 crore while DIIs net bought 130 crore
US labor market stays strong and unemployment rolls smallest since 1969
Japan service sector activity grows at fastest pace in 6 months PMI
US markets ended sharply higher on Thursday
Dow gained 1.33%, S&P500 gained 1.85% and Nasdaq gained 2.69%
Asian markets following gains overnight on US markets
Japan Nikkei gained 1.3% and Topix added 0.75%
SGXNifty indicates a gap up opening for the index
SGXNifty indicates a gap up opening for the index
NiftyFuture will open above the recent strong resistance zone 16700
However, NF if sustains above 16700 will try to move 16780, 16830 and 16880 levels
On other side, NF can be considered as support as 16700 which was recent resistance now as support
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Updated: 08.29 am / 03rd June 2022
