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Today, the market traded sideways for the day and closed marginally down. Real-estate, Infra and Metal stocks saw selling pressure while IT and Media stocks moved up today. The results of some of the big stocks haven’t made much impact on the market. It is to be noted that buying flow has been limited during this week but to the
Read moreToday, the market opened a bit down but managed to close flat for the day. Infra, Metal and Media stocks continued to get buying interest while IT stocks reversed the trend compared to previous day as they managed to see some buying. Auto, FMCG stocks declined for the day. Major Gainers today: Renuka, Punj Lloyd, J P Power Major Losers
Read moreBefore a week, we indicated a cause of concerns for those holding long positions. The mentioned support (last week) of 19400 has held with today’s low of the day is 19416.94 level. Again, we repeat the current consolidation phase has stopped some of the major buyers to stay away from markets. Any bounce of 2% in main equity indices should
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Dhaval P Vyas Investment Research 