Indian markets going volatile
January 24th, 2008
With market analysts asking Investors to remain cool and calm, both traders and investors are making cautious moves. This is leading to selective buying across the board and hence value picking is pretty evident.
The Nifty that closed at 5203.40 opened positive this morning but soon is slipping. The CNX Nifty is up 1.33% Bank Nifty is up 2.07%. CNX IT is up 0.85%
BSE Sensex is up 1.71%. BSE Midcap index is up 0.36% while the BSE Smallcap is slipping into the red. Bank, FMCG and IT are looking attractive sectors today.
Entry Filed under: Equity Markets, BSE, NSE, Opening trade
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