Negative, Negative & but nothing but the negative…

Last week Markets turned negative by Nifty at 200 Points and Sensex by 794 Points, hoping investors with an Interim Budget once again spoil the rest of the sentiment of the markets and once again Bears are riding the markets and rest International markets have given fuel to the fire.

Last week Nifty once again the positive returns by 105 points & close at 2948 and Sensex closes at 9634 by giving 275 Positive returns. Once again Bears have hide and Bulls have started covering the market. Seems that the Government small stunts have started working not fundamentally but sentiment wise Indian Economy have started cooling down just could be one just due to RBI & other Government actions.

In the Previous month Nifty Open Interest crossed by January

Last week Nifty ended with the positive note by 188 Points & 621 points for Sensex. Once again Nifty Added highest Open Interest just in Single day and that was Last Day of The week. Nifty Futures added 5.98% OI where Nifty Next Month ie. February was discounted with approx 7 Points to 28 Points and that indicates long positions with a positive note.