Tuesday, May 21, 2013

Share Market Trend Tomorrow 22 May 2013

The 30-share Sensex fell 112.37 points to close at 20111.61, and the 50-share Nifty ended at 6114.10, down 42.80 points over the previous close.

Shares from the realty, auto, power and banking sectors struggled, while those from the IT services sector gained ground.

Indian equities have risen sharply over the last few weeks, in line with other emerging markets, with the widely held theory being that global investors are switching from commodities into equities.

However, fourth quarter earnings and macroeconomic indicators still do not make the case for Indian shares to be able to sustain recent gains.

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Posted By Commodity MCX Tips