Nifty index closed at 4867.75 with the loss of 207.95 or -4.10 %. The Nifty Sept future finally settles at with a loss of 216.90 pts or -4.26% lower at 4870.70 and decreased 261700 shares in the open interest. The Nifty future premium turned to the premium of 2.95 from 11.90 where as cost of carry is 13.57 vs.10.54. Nifty future has closed at 4870.70 and now next logical resistance is at 5065 and 5175 levels, and good support near 4800 and 4667 levels.

Bank Nifty index closed at 9375.70 with the loss of 344.70 or -3.55%. The Bank Nifty Aug future finally settles at 330.45 pts or 3.40% below at 9,373.30 and increased 75475 shares in the open interest. The Bank Nifty future came to a discount of 2.40 from 16.5 earlier, whereas cost of carry is -32.10 vs.-14.50. Bank Nifty future has closed at 9373.30 and now next logical resistance is at 9960 and 10530 levels, and good support near 9,250 and 9050 levels.

Nifty on monday, nifty futures, nifty tomorrow, nifty future tips we provide you.