Market View: 9-13 Dec 2013

Filed in Market Update by on December 9, 2013 0 Comments
Week Market View: 9-13 Dec 2013
Market This Week The state election results came roaring and the markets have given a thumbs up to them. The NIFTY is now likely to make all-time highs. Also the support level of the NIFTY has increased to 5900 on the charts which is a very positive sign. This has created a sense of optimism in the markets and the coming period till the general election will be good. Though we would not always see rallies and there could be periods of consolidations, strong stock specific movement would be seen. The strong optimism that has been created will bring in lot of money till the general elections. Sectors like real estate, banking, automobile, capital good and pharma are to watch out for. We must approach one week at a time but certainly the overall situation is good for an investor to make money.
FII Inflow
Sr.No Reporting Date Net Investment (In Crores)
1 02-Dec-2013 745.60
2 03-Dec-2013 794.50
3 04-Dec-2013 521.80
4 05-Dec-2013 167.70
5 06-Dec-2013 1298

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