Thursday, 6 June 2013

Market Synopsis

No clear trend seems to be emerging for Nifty.    INR continues to remain under
relentless pressure vis a vis the USD.

Any pullback in Nifty upto 6030 -- 6050 levels should be used to initiate fresh
shorts.    Market bias will continue to remain negative for some more time.

1 comment:

  1. • Alkem Labs may react negatively on Tuesday as it received inspection report from US FDA for Baddi facility with 3 observations.
    • Gitanjali Gems may gain strength as its subsidiary Nakshatra World filed a draft red herring prospectus with SEBI.