Today’s Nifty 50 and Sensex trends also point to a slow start for the Indian benchmark index. The Gift Nifty was trading at a discount of around 18 points from the previous closing of the Nifty futures, at about 25,060.
Following the weakness in international markets, the key Indian stock market indices, the Sensex and Nifty 50, are probably going to open lower on Monday.
The Indian benchmark index is off to a slow start, according to Gift Nifty’s statistics. The Gift Nifty was trading at a discount of around 18 points from the previous closing of the Nifty futures,at about 25,060.
Profit-booking at higher levels caused the Indian stock market indices to close slightly lower on Friday.
The Nifty 50 closed 42.30 points,or 0.17%,lower at 25,019.80,while the Sensex dropped 200.15 points,or 0.24%,to close at 82,330.59.
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