Markets today manged to slip lose its steam after a 4 day winning streak, Nifty closed 8 points lower to end at 5080, where as Sensex slipped 44 points and ended at 16,955. Stocks saw some selling pressure today due to fears of an interest rate hike emerged following a rise in inflation….
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Pre-budget rally can extend upto 4,900-5,000: IL&FS
Posted on: June 10th 2009 in Press Releases.
Vibhav Kapoor, IL&FS: Despite valuations looking stretched, the momentum is too strong backed by buying interest from foreign investors. A pre-budget rally can get extended on the Nifty upto 4,900-5,000. Satyam looks good post unaudited numbers. Focus is likely to be back on large ca…
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