Amid a lack of market leads in the horizon, index futures took a breather alongside a feeble market stock market performance. Though prices have stabilized in recent weeks, players seems increasingly vary while awaiting clearer signals from abroad. An uneventful morning session was soon replaced by a lackluster afternoon session where prices drifted aimlessly between 1168 to 1174 levels. Volume would have been lower if not for rollover activities that attributed for 85% of total turnover. In sluggish turnover, August contract shed 2 points to settle at 1169.
Given the limited participating and with most players adopting a cautious stance, lackluster range-bound pattern is a likely scenario today within 1164-1176 levels.
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