Nifty closed up 16.50 points at 5983.55 while Nifty futures closed at 5985.40, premium of 1.85 points. FIIs sold in Cash, net sell for the first time is 238.56 Crore while DIIs as always sold in Cash, net sell 132.79 Crore. FIIs sold in Index Option, Stock futures but bought in Index futures, net sell 1348.32 Crore.
Nifty will face minor hurdles at 6041, 6100. If it sustain above 6100 with volume, then short covering is expected in the bear hammered stocks. Hence fantastic opportunity is available for some quick profit. Nifty will find support at 5940 and 5881 level.
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