Monday, August 27, 2012

Market Today- 27 August 2012

As the experts aniticipated that August Could be very important month and ore or less in line with analysts' comments, Nifty managed to breach the important level of 5400. But now the markets seems to go no where. Today it started with a rangebound trading where Nifty is hovering around its previous close. Selling can be seen in banks, technology, metals and capital goods stock which counterbalanced the gains in oil & gas, healthcare stocks, HDFC and HUL.

Now, instead of tracking the market moves, shares would be wise to keep an eye on. Currently uncertaininity is expected from the market as Regulatory decisions has not been taken yet economic recovery. So those stocks which does not includes corporate governance issues, are likely to rise today.

Bharti Airtel, HDFC bank Ltd and Reliance industries can be good short term picks.


Posted By Commodity MCX Tips