Nifty to see a soft opening today

The Nifty September futures closed at a discount to spot below 5,600 on profit-booking at higher levels. Options traders booked profit in the 5,500-5,600-strike calls and covered short positions in the 5,500-5,600-strike puts, hinting at a weak outlook for the Nifty. The trading data in Nifty futures and key stocks futures, as well as the weak global markets, indicates a soft opening tomorrow.

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