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Indian share market outlook for August 23; Nifty, Sensex may extend gains

Indian share market outlook for August 23; Nifty, Sensex may extend gains

Thursday, August 22, 2013 NIFTYTrend- WeakSENSEXTrend- WeakAdvances- 715 Declines- 456 Unchanged- 72 Thursday Indian stock markets snapped four day losses and ended with above 2 per cent gain. Rupee breached 65 mark during trade, but it was ignored by the markets after the release of US Existing Homes data. There was a speculation on the markets that US may withdraw the stimulus package with in one month. But Wednesday's FOMC meeting minutes didn't contain any dramatic news. This resulted in positive market condition.Though..

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