Will Nifty hit a new all time high above 21,600 or dip ahead- See GIFT Nifty, FII data, F&O ban, crude, more before market opens

GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a positive opening on Tuesday. Here’s a look at the key things to watch ahead the day starts.

GIFT Nifty traded up by just 31.50 points or 0.15% at 21,533, indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex on Wednesday. Previously, on Tuesday, the NSE Nifty 50 gained 91.95 points or 0.43% to settle at 21,441.35, while the BSE Sensex ended higher by 229.84 points or 0.32% to 71,336.80.

“Markets extended rebound and gained nearly half a percent amid mixed cues.  After the initial up move, Nifty hovered in a narrow range and finally settled at 21,441.35 level. Meanwhile, a mixed trend on the sectoral front kept the traders busy wherein energy…