Indian Indices
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Commodity (SPOT)
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04 Dec 2016 | 5:42 AM
Research Report
Weekly

Equity Research Report: Religare Weekly Equity

In line with expectation, domestic benchmark index was seen consolidating at higher levels. The upside remained capped due to existence of multiple resistances resultant flat closing in the end. Meanwhile, we saw good amount of stock specific movement, which kept traders busy. The coming week is going to be a crucial one due to upcoming Union Budget and derivatives expiry for the February month. Hence, volatility is expected to remain at its peak. We expect Nifty to trade within 8650-9050 range in the coming week. Any dip from current levels can be utilized to accumulate fundamentally strong stocks with medium to long term investment horizon.
20 Feb 2015 | 05:30 PM

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