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21 Oct 2016 | 4:05 AM
Research Report

Equity Research Report: Religare Weekly Equity

Nifty registered flat closing in the passing week. The week was full of excitement as it came after Union Budget announcements and stocks were seen reacting to it. Surprise rate cut by RBI also aided the sentiments and the benchmark scaled new all-time high. 30-share index, Sensex traded at 30000 mark for the first time. Ever after all this, Nifty failed to sustain at higher levels and settled almost flat. Current chart patterns suggest 8650-9200 trading range for the coming week. As the over-all trend is still positive, traders are advised to utilize dips to accumulate quality stocks from FMCG, Pharma, IT and Private banking space for long term.
05 Mar 2015 | 05:35 PM

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