25 May 2017 | 11:54 AM
Research Report
Weekly

Equity Research Report: Religare Weekly Equity

Nifty, apart from being impacted by weak global cues was also effected by some of the important economic data —IIP, WPI and CPI. All this in totality resulted in a cut of 2.15% on weekly basis.
15 Jan 2016 | 06:00 PM

Nifty, apart from being impacted by weak global cues was also effected by some of the important economic data —IIP, WPI and CPI. All this in totality resulted in a cut of 2.15% on weekly basis.


Technically, Nifty is trading in range 7430-7600 from past four session. Sustenance below 7400 spot will led to further sell-off towards 7250 levels.

RELIANCE, KOTAKBANK, HCLTECH, AXISBANK are some of the large-cap companies that will declare their results this week. Traders will be keenly eyeing at these figures as they have direct impact on the benchmark.

We reiterate, mid and small-cap stocks react more hence, it is better to avoid this space considering the current market situation.