Nifty ends marginally lower but holds above 10,000 , up 1% for week

Catch all that happened in the market here

8:56 AM

COMMENT: Amar Ambani, head of research, IIFL

 

The market does appear to get a dizzy at heights and the late sell-off had a lot to do with the F&O expiry. While market-wide rollovers were in line with three-month average, Nifty rollovers were relatively lower than the previous three series. Nifty Open Interest is also at a calendar-year low as foreign investors The outlook is a subdued start. Global cues are mixed. While the Dow gained, the S&P and Nasdaq settled lower. 

 

Quarterly results are bringing in some swings and for the day numbers of Larsen & Toubro, Escorts and India Cements are scheduled. Investors will prefer to wait and watch before taking the plunge as the RBI policy meet takes place next week. The mid-cap segment, which has been defying gravity continues to soar higher

8:55 AM

Market outlook from SMC Global Securities

 

Today the markets are likely to open on negative note. All emerging markets are trading mixed. The coming session is likely to witness a range of 9,900 on declines (Nifty) and 10,150 on advances