Wednesday, September 23, 2009

Nifty weak only Below 4995 and strong above 5035

There is a strong possibility of the Sensex test the 17,000 mark during the day.

It’s no tiny matter that the market has run this far. Today, we expect a flat start though. Mixed global cues, uncertain external environment and Thursday’s F&O expiry could stop the bulls in their tracks momentarily

The stock of Kingfisher Airlines might see some pressure after the company may raise as much as $175 million selling shares and global depository receipts to repay debt. Also, Reliance Communications might be under the radar, as the company's subsidiary Reliance Infratel gets ready for an IPo some time soon

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