Tuesday, 16 May 2017

16th May 2017- OPENING BELL >> Market Set To Make New Record High As Modi Government Completes 3 Years

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The Nifty Index has given a return of 31% in last 3 years after Modi Govt. has come into power. Yesterday, Indian Benchmark Index Nifty opened at 9434, made a high of 9449 and closed at 9445 after making a low of 9423. The recent high of Nifty is 9451 which is also its all-time high. The market is expected to remain bullish and set a new all-time high.

Bank Nifty remained bullish in last day’s trading session and closed at 22822, which is 150 points high from its previous day’s close of 22672.

Last Day, the cash market benchmark Index Small Cap closed at 7594, 33 points high from its previous day’s close. The recent and all-time high of Small Cap Index is 7679.

Nifty Future to open gap up by 8 points at 9464.50 against yesterday's close of 9456.20 as per SGX Nifty.

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