Market View: 26-31 May 2014

Filed in Market Update by on May 26, 2014 0 Comments
Week Market View: 26-31 May 2014
Market This Week This week marks the swearing-in ceremony of Narendra Modi with all excitement around the new cabinet. The market is jubilant with hints of several similar ministries being merged together. With a bullish bias that we see now, The NIFTY is likely to touch 7600 on the higher side in the short term. Strong support would come in at 7150-7200. Huge stock specific movement would be seen. Please take advantage of these rallies in individual counters. This week also marks the end of derivative expiry which will add to a bit of volatility. Overall, we are well placed with good times ahead! You would see a lot more recommendations from us like BGR energy, Gujarat NRE Coke, Suzlon which have given more than 50% returns in less than 10 days. Participate in this rally. All the best!
FII Inflow
Sr.No Reporting Date Net Investment (In Crores)
1 19-May-2014 3695.20
2 20-May-2014 1419.10
3 21-May-2014  15.60
4 22-May-2014 -216.50
5 23-May-2014 -113

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