Wednesday, November 11, 2009

STOCK MARKET TODAY
Today nifty closed above the psychological number 5000. FII’s were net buyers for 850-odd crores. Market breath was positive. Volume was good. Technically in the price chart a bullish pattern had formed. Still global cues influences nifty up move. To my knowledge I expect nifty would mark a new year high by the end of this week. Let’s see what happens.
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