MARKET OUTLOOK 29-04-2014

Posted By : Kishore B.S

MARKET OUTLOOK  29-04-2014 Expect the market to open on a negative note with SGX Nifty indicating one percent down. Nifty technical outlook is looking bearish breaking its important support of 6740 .If it breaks target on Nifty  the down side will be 6660. From past five trading sessions Bank Nifty is trading flat, capital goods negative, with IT and FMCG dragging Nifty. Going forward small correction

MARKET OUTLOOK 16-04-2014

Posted By : Kishore B.S

MARKET OUTLOOK 16-04-2014 "Expect market to open on a flat note on account of global cues.  US market gained modestly and Asian markets (Nikkei up 2%) are a mixed bag. Infosys reported numbers as per expectations. The company's EBIT margin expanded 50bp QoQ to 25.5%. For the first time from past one month Nifty closed on the low point of the day, Bank Nifty and capital