Markets to open marginally down amid mixed global cues
May 24, 2021
F&O settlement week to add volatility
Amidst mixed global cues, Indian markets are expected begin the week on a flat note. However, according to analysts, markets will see heightened volatility due to the expiry of May month derivative contracts on the NSE this week.
The SGX Nifty futures at 15,174 (8 am IST) indicates a negative opening, as Nifty May and June futures on Friday closed at 15,206 and 15,232 respectively. The US stocks also ended on Friday closed with mixed colours with Dow Jones Industrial Average gaining marginally while the tech-focussed Nasdaq and broad-based S&P 500 closing weak.
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