The stock of Glenmark Pharma might hit a bump on the news that it received a warning letter from USFDA for the Codeine drug.
Euro Ceramics, Balaji Telefilms,Hitachi Home and Raj TV are some of the stock to watch closely ahead of their quarterly numbers.Even though the investors are skittish on the kind of run up we have seen,the earnings have beaten the market and the guidance till now has been good. We expect the bull run to continue for another week. So traders can place their bets, while investors could wait for a pull back.
BULLS BEHIND CAIRN
Risk appetite is showing no sign of abating as of now. Every fall, irrespective of its intensity is likely to entice fresh buying. The downside appears to be limited unless something horribly goes wrong in some part of the world.
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