Will Nifty hold  21,400 mark or continue the downfall- 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 Friday. Here is all you need to know before the market opens.

GIFT Nifty traded up by 77 points or 0.36% at 21,548.50 indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex on Friday. Previously, on Thursday, the NSE Nifty 50 dropped 109.70 points or 0.51% to settle at 21,562.25, while the BSE Sensex plunged by 313.90 points or 0.44% to 71,186.86.

“Markets extended fall and lost half a percent amid volatility.  After the gap-down opening, Nifty tried to pare losses but continued fall in HDFC Bank and fresh decline in select heavyweights capped the recovery. Meanwhile, energy, banking and metal were among the top losers on th…