OPENING BELL- 15th December 2017- Market to remain volatile ahead of Gujarat Election Result

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The market is expected to remain volatile ahead of Gujarat Election Result. After 2 consecutive days of selling, the Indian Benchmark Index Nifty has given an upward movement of 0.58% yesterday. Nifty opened at 10229, made a low of 10142 and closed at 10252 after making a high of 10276. The Small Cap Index loses 0.32% last day and closed at 8460.

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Among the major sectors, Infrastructure, FMCG Food lose salt gained from lows. Among Infra stocks, Welspun Enterprises moved up 11.62% and IRB Infra by 7.32% from day’s low. ADF Foods and Prabhat Dairy were the gainers among FMCG Food stocks.

Nifty Future is opening gap- up by 77 points against yesterday close of 10276 as indicated by SGX Nifty which is currently trading at 10366.


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