The derivative contracts of December series will expire on Thursday. Year 2017 has been a fabulous one for investors as Nifty hit an all-time high of 10,500 this week from the bottom of 8,000 made around last Christmas.
All eyes will be on foreign institutional investors and domestic investors on their plans for 2018. Nifty has been consistent in writing 10,400 strikes currently, signalling a support zone. Index heavyweights such as RIL, HDFC Bank, ITC and Infosys and Bank Nifty will be in focus.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.