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…
Quotes with Resistance & Support
Market Information
Sensex @17K: Markets to consolidate, select opportunities remain
Posted on: September 30th 2009 in Market Outlook.
Sparkling gains for Sensex…up 4.5%
Posted on: August 28th 2009 in Market News.
For the week, the BSE Sensex and NSE Nifty closed the week higher by 4.5% each. The expiry week saw the birth of a new high for the year. The Nifty closed at 2009 peak ignoring any possible fallout from drought, inflation, fund flows and of course global cues. Impressive rollover of deri…
Sensex may target 17,000 this month
Posted on: August 3rd 2009 in Market Outlook.
A renewed buying interest at the start of the August series, coupled with short-covering owing to July futures & options expiry, boosted the markets towards the end of the week.Earlier in the week, the markets had exhibited a lacklustre movement. The Sensex, after moving in a narrow …
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