27 Mar 2017 | 12:15 PM
Research Report
Weekly

Equity Research Report: Religare Weekly Equity

In response to the Union Budget announcements, market made a strong come back as Nifty gained over 6% in the passing week. Buying was witnessed across the board where almost all sectorial pivots contributed their part.
04 Mar 2016 | 06:00 PM

  • On the data front, two important macro-economic figures i.e. IIP and CPI will be announced in the upcoming week. These figures have reasonable impact on broader markets; hence, one should plan their trades accordingly.
  • Technically, Nifty was witnessed steep up move in past couple of sessions and has approached resistance barriers placed around 7500-7550 levels. It may inch further northward till 7700 mark if it manages to cross the above mentioned barrier else profit taking may set in.