Amidst several postive news from RBI and fiscal stimulus package, key indices jumped significantally. BSE soared by 724.87 points or 8.09% to close at 9690.07 and NSE also shot up by 206.95 points or 7.62% and closed at 2921.35
Inflation numbers further moderated at 8.0% against 8.4% and Crude oil is swinging between $43 to $48 per barrel.
Surprisingly FIIs were net buyers worth 1800 Cr but the domestic fund houses were net sellers of 200Cr
Negative IIP numbers at -0.4% and reduction in the export are causing a deep concern and would dampen the positive trend next week. Hence its no the time to invest in equities but one can do few intraday trading calls to benefit from the huge volatility.
Happy Trading!
http://www.vjondala
Bus Naam hi kaafi hain…
To subscribe vjondalalstreet-
You can also join the group with your mobile phone and get updates through sms. To subscribe SMS JOIN VJonDalalStreet to 567678
Posts
0 comments:
Post a Comment