Indian Equity Report on 3rd April, 2013

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Today, the market opened in the red and lost 1.45% for the day. The selling pressure intensity remained quite on the higher side.

Only Pharma stocks were able to see some buying interest, while Real-estate and Auto stocks fell heavily for the day.

Pre-market opinion yesterday (2nd April, 2013) morning on one of the TV program remained – book partial profit on long positions around 5750 spot. Nifty touched an intra-day high of 5754.60 spot and is now down to 5664.55 spot in a day – a fall of 90 points from the predicted level.

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