News

Market Forecast

After bouncing from the major psychological support level of 8000, Nifty November Future series given the positive opening this week and traded volatile in later week as traders roll overed their position in derivative segments and Winter session of parliament ended this week but government was unable to pass key legislative reforms bills passed but government approved 100 % FDI in medical devices via the automatic route. Market breadth turned negative from positive in mid of the weekly trading sessions as a result of assembly poll of Jammu & Kashmir and Jharkhand state. FII were net seller in this week also.

by By Vivek Gupta, CMT , Director Research, CapitalVia Global Research Limited December 26, 2014