Wednesday, 24 April 2013

Nifty Update :- Finaly Close Above 5810 & Trade Above 5835 Good for More Upside as per Our ((21 April Update ))




Weak economic cues from global markets coupled with mixed set of results from India Inc. led to index heavyweights soliciting very little investor interest today. The indices inIndian equity markets remained range bound throughout the session today despite selective buying interest in auto, pharma and banking heavyweights. While the BSE-Sensex closed higher by a marginal 10 points, the NSE-Nifty closed higher by 3 points. While the BSE Mid Cap index lost 0.4%, the BSE Small Cap ended marginally higher.
As regards global markets, Asian indices closed flat to negative today while European indices have opened in the green. The rupee was trading at Rs 54.34 to the dollar at the time of writing

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