Market View: 5-9 Aug 2013

Filed in Market Update by on August 5, 2013 0 Comments
Week Market View: 5-9 Aug 2013
Market This Week As told in the Last market view, the NIFTY looked weaker on the charts, and thus the markets continued to fell further last week after the support of 5750 was taken off. All segments and sectors closed on a negative with NIFTY falling from 6100 to 5700. It should have been a good week though for our F&O investors. Our SELL recommendations did a fantastic job and the emails that we have received tells us that they have made huge money. This week, a small pull-back rally and a little consolidation is expected which is very natural. However, the markets will continue to be bearish. Low risk taking investors should be cautious and keep a low profile. 5600-5630 will be a very crucial support for this week.
FII Inflow
Sr.No Reporting Date Net Investment (In Crores)
1 29-Jul-2013 165.90
2 30-Jul-2013 -236.70
3 31-Jul-2013 114.10
4 01-Aug-2013 -613
5 02-Aug-2013 -145

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