Will Nifty hit a new high ahead of the monthly expiry or consolidate- 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 Monday. Here is all you need to know before the market opens.

GIFT Nifty traded up by 41 points or 0.18% at 22,290 indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex on Monday. Previously, on Friday, the NSE Nifty 50 ended down by just 4.75 points or 0.02% to settle at 22,212.70, while the BSE Sensex dropped only 15.44 points or 0.02% to 73,142.80.

“Markets took a breather on Friday and ended almost unchanged amid mixed cues.  After the flat start, Nifty hovered in a narrow range till the end and finally settled at 22,212.70 levels. Meanwhile, a mixed trend on the sectoral front kept the traders occupied wherein realty a…