Market View: 14-18 Oct 2013

Filed in Market Update by on October 14, 2013 0 Comments
Week Market View: 14-18 Oct 2013
Market This Week Last week the Nifty provided a good rally. Every trading day closed in green and made the NIFTY cross the important psychological level of 6000. Now for this week the levels of 6000 would act as a major support. If the NIFTY does not respect this level then expect a supply coming in, which would drag the NIFTY below 6000 again. Given the fact that this is the result season, volatility is expected for this week too. As long as NIFTY trades above 6000, we can expect further rallies. 6000 would be the level to watch out for this week.
FII Inflow
Sr.No Reporting Date Net Investment (In Crores)
1 07-Oct-2013 552
2 08-Oct-2013 800
3 09-Oct-2013 236 
4 10-Oct-2013 324
5 11-Oct-2013 762

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