Nifty Tips
Indian share market ignored the din in Parliament. The Nifty closed steady, around 5,900, up 13.20 points or 0.22% at 5884.15. The Sensex closed up 36.70 points at 19342.02.Passage of FDI in retail will be a huge move up for the market. It is a huge trigger. It is going to have a profound implication on India for the rest of our lifetimes because entire urban landscape, dynamics of various businesses, the real estate industry and supply chains will change. The Nifty will touch 6,000 within the next four-five days. The market capitalisation of stocks will also change.
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