How to read Nifty bank chart? How many banks are in Nifty 50? What is the return of Nifty Bank?
How to read Nifty bank chart? How many banks are in Nifty 50? What is the return of Nifty Bank?
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Nifty and Bank Nifty Prediction for Monday 24 July 2023
What is difference between Nifty and Bank Nifty?
Which option is better Nifty or Bank Nifty?
What exactly is Bank Nifty?
How Nifty and BankNifty are related?
Nifty and Bank Nifty Prediction for Monday 24 July 2023: Indian stock market indexes snapped a 6-day winning streak on Friday. The domestic markets opened a gap-down and extended losses as the session progressed. The indices closed near the day’s low on Friday amid weak global cues and disappointing quarterly earnings.
The IT and FMCG sectors fell the most followed by energy, as Infosys and HUL tumbled after the first quarter results. Meanwhile, the heavyweight Reliance slipped ahead of the 1st quarterly results, which also hit the market sentiments on Friday.
The broader markets ended mixed, the Nifty mid-cap index was down by 0.36 percent while the small-cap index was up by 0.72 percent on the last trading session of the week. In the end, Sensex fell sharply by 1.31 percent and settled at 66684.26 level while the Nifty index ended at 19745, down by 1.17 percent.
Nifty and Nifty Bank futures price movement on Friday, 21 July
On Friday, July 21, the Nifty futures (July Series) opened at 19860 level, it made a negative opening of 110.2 points from the previous close. It touched an intraday high at 19899.90 and a day’s low at 19730
The Nifty futures have given a movement of 169.9 points on Friday. In the end, it closed lower by 163.65 points or 0.82 percent and ended at 19806.55 levels.
The Bank Nifty futures (July Series) opened at 46075 levels on the last day of the week. It made a negative opening of 76.4 points on Friday. It has touched an intraday high at 46360 and a day’s low at 45982.80
On Friday, the Bank Nifty futures gave a movement of 377.2 points. At the close, Bank Nifty future finished higher by 18.90 points or 0.04 percent and ended at 46151.40 levels.
Nifty & Bank Nifty Prediction for Monday 24 July 2023 (July Expiry)