Market View: 10-14 Jun 2013

Filed in Market Update by on June 10, 2013 0 Comments
Week Market View: 10-14 Jun 2013
Market This Week Last week the NIFTY closed at 5880 levels which was approximately 1.7% lower compared to last week. Huge selling was witnessed domestically as well as from the FII’s. The FII’s looked a bit cautious. It was good that we all were in a passive mode with no recommendations last week deliberately. This week too a bearish mode is likely to persist. NIFTY would be volatile and in a corrective mode due to depreciating rupee and the announcement of the RBI policy next week. 5850 would act as a major support below which the bears would take the charge. Investors are advised to be on the sidelines.
FII Inflow
Sr.No Reporting Date Net Investment (In Crores)
1 03-Jun-2013 -1793.00
2 04-Jun-2013 -2054.80
3 05-Jun-2013 -463.50
4 06-Jun-2013 -1476.00
5 07-Jun-2013 -1888.00

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