Nifty Tips
Dalal Street began the week on a flat note. The Nifty ended the day with a marginal gain of 9 points at 5,635 levels. The Sensex too managed to stay in the green at 18,537 levels.
The resilience in the market is on hope that there will be some sort of a positive outcome and till that is cleared, I don’t think the market is really going to move very much.
Experts say We have been in the range and that range is slowly moving on the upside. We believe that there will be moves in the markets depending upon what happens in New Delhi, the Parliament and how and in what shape the bills get cleared up. But the advice that we have been giving to our clients is to definitely buy on dips, notwithstanding what happens in the near term. As we close the year 2012 and move on to 2013 January, our belief is that we may be much higher than those highs of 5800.
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