Domestic market continually on sellers radar since the initial bell on the back of negative global cues. U.S. Market tumbled on overnight trade as the strengthening of financial regulation from wall street to Frankfurt adding worries about the sustainability of the global economy recovery.
Bench mark indices opened with red note,Intence selling pressure across the board in all sectorial indices. Asian market Opened pessimistic note.Investors sentiments turned bearish, whcih lead to the heavy selling pressure across the sectorial indices.European market open on weak note folloing the news of the Germany's financial regulator banning the naked short selling in govt bonds.Hence Nifty ended below 4920 level.
We are expecting some tight range in Nifty ahead with next choppy session tommrow.See my Short call of Axis bank achieve the target. Almost all call bang on target keep close Eye on CESC expecting it will do well in near future in terms of investment get 9 % -15 % Return on it with time zone of one month ,Post your comment on the blog.
Sauraabh
Views Expressed are personal, I have no personal interest in any stocks.Investment is subjected to market risk Consult with certified financial advisor before investing