Indian Market Outlook: Indian Benchmark Index Nifty on Friday closed at 8898 after making low of 8860, the index made a high of 8907 after opening at 8884. From last 2 week Nifty Index fell almost 1.05 percent from high of 8993.
On Friday Bank Nifty closed at 20496 after making a low of 20423, the Index made a high 20580 after opening at 20573. Last week the Index was down by 1.83 percent, the index 3-week high was at 21042.
Smallcap Index closed at 6649 after making low of 6588, the index made a high of 6657 after opening at 6598. Last week the index made a record high of 6776 and closed in a positive territory of 0.51 percent.
Nifty Future is opening at 8929 as per SGX Nifty at 8:30 am IST, 31 points above its previous close of 8898.
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