DAILY MARKET ANALYSIS
ECONOMY ANALYSIS
ICICI Bank Q2 net up 20%, asset quality improves, NIM rises
Bharat Forge Q2 Net dips 7% at Rs 96cr
TVS Motor Q2 beats street, net up 97% to Rs 89 cr
Onion prices to come down in next 10 days: KV Thomas
To list clinical research arm after it steadies
ITC Q2 PAT seen up 15%, cigarette volume trend key
NSEL board, management set to face criminal charges
MARKET ANALYSIS
The BSE Sensex, although consolidating in a narrow range since the past few days, is still at a kissing distance from the all-time highs of 21,228 (intraday).
"This is the second day when the market has corrected from the highs and stayed there. It is too early to say whether we have completely reversed," said Ashwani Gujral of ashwanigujral.com.
Most analysts are betting high on strong global liquidity, Narender Modi-led government, fall in inflation in the coming months and stabalisation of the rupee which can propel the Sensex above 22,000 and the Nifty to about 7,000 levels.
0 comments:
Post a Comment