Posted by Abhishek

Indian Market on Roller - Coaster . Market fails to continue early Gains

After a wonderfull opening in Indian Markets by taking global clues , Indian markets failed to continue their early gains.  Markets gave  thier early gain in the last 30 minutes of trade , during that time the broader indice NSE NIFTY traded in RED . while the benchmark 30 share BSE SENSEX was slipped nearly to the red. Finaly , NSE NIFTY closed marginal up by 8 points at 4335.35 and SENSEX shuts shops at 14,450.35 up by 49 points.  

This sell off was mainly due to profit booking in investor and in trader , on concern of economic slow-down and rising inflationary pressure . Selective buying seen in FMCG ( HUL) , Auto ( MnM 563.5 | 2.62% ) , Realty ( DLF 495 | 2.32% & IB REALTY 302 | 6.69 %) , Banking & Financial ( ICICI Bk. 657 | 1.95% & HDFC 2363 | 3.63%) & in IT stocks ( Satyam Comp 393 | 1.79% ). 

NSE Cash - Rs. 9381.80 BSE Cash - Rs. 4066.93 NSE Future - Rs. 44332.45

Arbitrage Opportunities NSE >>> BSE

No , Opportunites is available for tomorrow. As we dint made any trade today.

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