Will Nifty trade above 22,800 to hit record highs or consolidate 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 Friday. Here is all you need to know before the market opens.

GIFT Nifty traded up by just 111.50 points or 0.49% at 22,895 indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex on Friday. Previously, on Thursday, the NSE Nifty 50 ended up by 43.35 points or 0.19% to settle at 22,648.20 while the BSE gained 128.33 points or 0.17% to 74,611.11.

“Trading in the markets remained lackluster, closing marginally higher amid a blend of signals. The Nifty commenced positively but remained confined to a narrow range throughout the day, eventually settling around the 22,648.20 mark on the weekly expiry day. Sector-wise, there was a mixed …