Posted By : Kishore B.S
MARKET OUTLOOK 13-06-2014
Expect the market to open at flat note, SGX Nifty showing a flat 10 points positive. Oil touched to an eight month high at $113/bbl.
We hope many of booked profit In Pharma stocks which we advised, if not still pharma stocks are trading at higher we advise to sell the stocks for a short term.
Bank Nifty and Nifty are inch by inch trading All-time high, Both FIIS and DIIS are eagerly waiting to see some dip in the market Nifty at 6400 levels DIIS to reenter the market, FIIS will accumulate more so expecting next 10 trading session will be crucial, before budget where the markets are heading.