Nifty futures were trading 85.50 points or 0.5 per cent higher at 18,219 on Singaporean Exchange on Monday, indicating a gap-up start for BSE Sensex and Nifty 50
If the Nifty goes past and sustains above 18,115, it can open a sharp upmove towards the next hurdle of 18,350, says Nagaraj Shetti of HDFC Securities.
As many as four companies are going to make their Dalal Street debut this week. This includes PB Fintech, the parent company of PolicyBazaar and PaisaBazaar, Sigachi Industries and SJS Enterprises, which cumulatively raised as much as 6,550 crore via primary route. All three companies will be listed on Monday.
Nifty futures were trading 50 points or 0.33 per cent up at 15,723.50 on Singaporean Exchange, suggesting a gap-up start for BSE Sensex and Nifty 50 on Thursday