Wednesday, December 28, 2011

Market Outlook Today and Nifty Trend

Indian Share markets ended lower for second consecutive day. S&P CNX Nifty lost nearly 1% and closed at 4705.80 down by 44.70 points. Banking Shares, metal and oil & gas played the leading roles in pulling the index down.
Nifty Futures closed at 4704.50 down by 46.40 points. Tomorrow being the expiry, we can expect some volatile session on Thursday which may be followed by a some rally to close in positive note. Nifty has bee n trading in a narrow range of 4690-4750. A breach in the either side would decide the trend for tomorrow. 

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Posted By Commodity MCX Tips