On Friday(27-5-11)Nifty opened at 5448 with a gain of 36 points, moved in the range 5437 - 5486 and closed at 5476 with a gain of 64 points. Nifty futures range was 5415 - 5482, having a difference of 67 points. Through out the day Nifty futures moved in a discount ranging from three to ten points. Though it was a Friday adjacent to F&O settlement, Exceptional Friday effect was lacking. Tomorrow's Agni level is at 5406 and it seems Nifty may open in positive around 5500 and move to negative territory after some time.
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