Thursday, July 12, 2012

Market New: Nifty Outlook for Today

An extremely negative start has been seen in Indian equities and Nifty of national stock exchange has plunged more than 1% in this early hour of trade. The first quarterly result of infosys pushed the market in negative territory.
The software giant Infosys has seen a fall of 1.16% in its net profit in the first quarter of this year. However the net profit increased by 8.63 % but the it was lower than what market analysts expected.
Negative trend  is likely to persist for the day and we  see a red closing at the end of the day.

In Stocks, Tata motors still has not come out of profit booking and witnessed

United phosphorus could be a good bet for buying side in intraday trading.


Posted By Commodity MCX Tips