Nifty futures traders eyeing Nifty futures are

Traders eyeing Nifty futures are factoring in next week’s CPI data as a potential catalyst. Positive macro prints could enhance buying interest toward the 22,250 mark. On Monday evening attention will be firmly on Bank of England governor Andrew Bailey for clues on monetary policy and the likelihood of future rate cuts. Tuesday morning will bring a snapshot of the UK property market as Halifax publishes its house price index. "By offering Nifty 50 Index Futures, we are giving our clients an easy way to tap into the opportunities in India’s expanding market," said Milan Galik, Chief Executive Officer of Interactive Brokers. "This launch reflects our ongoing commitment to providing access to a broad range of global products, particularly for active traders and institutional investors." Early trade in Nifty futures saw a dip to 21,980 but quick recovery followed, indicating strong underlying demand. Option data shows heavy put writing at 22,000 strike, suggesting traders expect the index to hold above that level in the short run.