Indian Market Outlook:
Nifty is expected to open 60 points gap down at 8015, as per SGX at 8:10 am IST. The open interest data shows that FIIs have been a net seller worth 1768 Cr in Index futures along with a selling worth 3245 Cr in Index Options. The BREXIT tremors may result in NIFTY testing 7700 levels if its breaks 7927 on the downside.
International Market Outlook:
The BREXIT tremors have left the markets shocked with S&P falling 5.69% followed by DAX falling 11.48% from their Thursday highs. The state of panic is expected to continue on the repercussions that the BRITAIN leaving EU will have on the global economic fundamentals.
Help from: Dynamic Levels
Nifty is expected to open 60 points gap down at 8015, as per SGX at 8:10 am IST. The open interest data shows that FIIs have been a net seller worth 1768 Cr in Index futures along with a selling worth 3245 Cr in Index Options. The BREXIT tremors may result in NIFTY testing 7700 levels if its breaks 7927 on the downside.
International Market Outlook:
The BREXIT tremors have left the markets shocked with S&P falling 5.69% followed by DAX falling 11.48% from their Thursday highs. The state of panic is expected to continue on the repercussions that the BRITAIN leaving EU will have on the global economic fundamentals.
Help from: Dynamic Levels
Big sell off on Last Friday may result in NIFTY testing 7700
