Market is likely to see some bounce today
Today the markets are likely to open positive. The other major Asian markets have also opened in green and the US markets closed mixed. The markets are likely to bounce back a little today after consecutive negative closing for so many days. In a major bailout the government has announced a package of Rs2,000 crore for Satyam’s revival. This could bring some charm in the market sentiments as well. The over all atmosphere across Asia looks good and therefore in today’s trade we expect the markets to be trading northward with a pinch of volatility
Key Results Today: HDFC Bank, GTL Infra, NIIT Tech and PSI Data Systems
Nifty (2745) Sup 2700 Res 2795
Bharati , tata steel on radar
To know more subscribe