Points to be considered to trade markets on 25/11/2014 Firm global markets supported by bullish sentiment on expectation on central banks to boost equities by following rate cut to soften lending rates are added points to take markets to higher levels. Nifty continued with one way rise and closing comfortable above 8530. It has been 24 days where Nifty has been rising and maximum correction seen is 100 points. Correction can only expect if pullback of 100-150 points on Nifty. Stocks to watch Ceat Tyres may witness fresh buying as RBI has allowed FIIs/RFPIs to invest upto 45% in the company. HDFC Bank may see some pressure as it will be excluded from the MSCI and technical analyst expect selling of around $250 million. Bharti Airtel has decided to sell more than 4,800 mobile phone masts in Nigeria to American Tower Corp for $1.05 billion to cut costs and pare debt. Santhosh Kumar V Senior Research Analyst Vachana Investments Pvt Ltd. vachanainvestments Do LIKE our fanpage for LIVE updates on your wall during market hours. https://facebook/RudramurthyCA Watch PUBLIC TV LIVE daily bw 7.25am to 7.30am by CA Rudramurthy for complete updates on markets. Do forward this message to all and join hands with us to spread right financial knowledge.
Posted on: Tue, 25 Nov 2014 03:35:23 +0000
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