Indian share market outlook and Nifty, Sensex intraday trend analysis for October 9, 2013
Tuesday, October 8, 2013 NIFTYTrend- Flat to strongSENSEXTrend- Flat to strongAdvances- 629 Declines- 528 Unchanged- 73 Tuesday Indian stock markets started with gains but erased most of it's gains after two hours of trade on mixed global cues. Reserve Bank of India reduced the marginal standing facility (MSF) rate by 50 basis points to 9.0 per cent on the previous day. One hopes of more liquidity Indian markets resumed buying. China reported expansion in services industry, which was also favorable for the markets......................................Read full story from
http://www.stockforyouindia.com/2013/10/indian-share-market-outlook-october9.htmlMarket weekly outlook
Nifty and Sensex weekly trend analysis for October 7, 2013 to October 11, 2013
Sunday, October 6, 2013 NIFTYTrend- Flat to strongSENSEXTrend- Flat to strong Last week, Indian stock markets traded volatile due to the impact of US shut down. But improvement in the value of rupee against US dollar helped the markets to recover from the lows and as a result of this Nifty and Sensex were able to close at the highest level since September 24. Better than expected current account balance also helped the markets. BSE benchmark S&P Sensex opened at 19643.89, after seeing a low of...............Read full story from
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