Nifty may open higher, gain 34 points

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F&O Outlook:

Nifty PCR-OI has increased to 0.97 from 0.91. The rise in the ratio may be due to increase in PE of 10300 and decrease in CE of 10300. PE of 10300 and CE of 10400 are the highest number of contracts traded.

Opening for the Day:

Trading of SGX Nifty futures on the Singapore stock exchange indicates that the Nifty could gain 34 points at the opening bell.


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