Nifty today closed almost flat, ending .30 points lower at 5041. It made a low of 5013 and a Intraday high of 5064. Sensex closed at 16894 ending 18 points higher. Pharma and Consumer stocks performed well today, on the other hand Realty and energy stocks were the major loser’s. Th…
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Sensex @17K: Markets to consolidate, select opportunities remain
Posted on: September 30th 2009 in Market Outlook.
Nirmal Jain, CMD , India Infoline feels that the valuations are no longer cheap but are not prohibitively expensive either. He feels there still is investment opportunity available in select sectors and stocks. Here is his take on Sensex reaching the 17 K level: 17000 on the index, the…
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