- Sensex ends 155 pts lower on rate hike fears; oil & gas up
- LIC to invest atleast Rs 60,000cr in equities in FY11
- ICICI Bank sees 20% rise in FY11 home loan demand
- First quarter monetary policy review on July 27: RBI
- HCL Nadar doles out 580 cr for charity
- US Inc stock buybacks up 80%
- Rel Infra, Tata Power reignite power supply war
Last week our markets started with a rally.But failed to continue the rally due to the global weakness and expectation of petroleum price hike.US Pre owned home sale down unexpectedly.This factor also affected the markets slightly.
The NSE Nifty is expected to open in a narrow positive range.The Critical
level for upside is at 5282.Above this mark,the momentum can drive it
towards the first target at 5311.If market stabilizes above this line,then Nifty
can move towards the major Resistance at 5333.Lower to the Critical level,the
major support comes around 5248 level.
