markets close at 03:30 PM IST. and open at 09:55 AM IST
Singapore nifty is traded before we start, so it gives some cues.
we cant trade gap ups/downs. we need to wait till 09:55 and start trading. thats why its dangerous to carry ovenight positions
pl note its not as simple as dow is in +ve, so we will open +ve. several factors come into picture. we might have alreay gone up yesteay based on dow futures. or asia is oing bad. or some local news on inflation, IIP, some bullshit data...