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SURE SHOT CALLS

Sunday 22 March 2015

Weekly report Sensex down 242 Pts, nifty 76 Pts lower, stocks predication for tomorrow 23 March

The market closed red signal for the second consecutive week. Sensex down 208.59 points at 28261.08 and Nifty ended 63.75 points down at 8570.90.

Weekly market update:- The Sensex closed 242 points and nifty 76 points lower, The S&P BSE Midcap dropped 1.5 percent and BSE Small-cap slipped 3.1 per cent in this week.

Early not long from now, the Reserve Bank of India astounded the Street with a rate cut, we saw the entry of the Insurance Bill and after th
at we had the FOMC meeting result. Anyhow all neglected to lift the businesses.

The Indian markets are likely to stay volatile in the upcoming next week also in front of the March month F&O expiry due on 26 March 2015. Investigators don't discount further combination in the up and coming week.

The 50-offer Nifty index closed below it’s crucial support level of 8600, which may put further pressure on the trade in next sessions.


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