Will Nifty trade above 24,800 ahead of weekly expiry- 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 things to know before markets open today.

GIFT Nifty traded up by 51.50 points or 0.21% at 24,660 indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex on Tuesday. Previously, on Monday, the NSE Nifty 50 ended up by 31.50 points or 0.13% to settle at 24,572.65 while the BSE Sensex dropped 12.16 points or 0.02% to 80,424.68.

“Markets began the week on a muted note and ended nearly flat, taking a breather after Friday’s surge. Following an initial uptick, the Nifty traded within a narrow range and ultimately closed at 24,580 level. Sectoral performance was mixed, with metals, energy, and IT showin…