Nifty Tips
The Indian stock market is trading modestly higher with investors indulging in some selective buying, tracking a positive trend in Asian markets. The mood is slightly cautious ahead of the vote in Parliament on the FDI in Retail issue.
Market in Near Term | Experts Speak :-
We expect the market to trend higher during this month, but they also expect some intermittent corrections as the shares try to digest the steep gains made over the last one month. Both Sensex and Nifty are quoting around their highest levels in the last 19 months. Also uptrend will be driven more by sentiment and liquidity, rather than fundamentals. High inflation and gaping fiscal and current account deficits will make it harder for the Reserve Bank of India to cut interest rates, something the market is betting on.
Free Stock Tips For Today :-
1. BUY Cera Sanitaryware Ltd. Intraday Target 498 Stop Loss 400.5
2. BUY Pantaloon Retail (India) Ltd. Intraday Target 253.9 Stop Loss 238.5
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