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.
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