indian stock market
By manikumari
@manikumari (5)
May 15, 2007 8:27pm CST
What is the direction of indian stock market is it bullish or bearish.Markets are range bound for a few weeks.As all major corporates are out with results.Is it the repetition of 2006 May story.
3 responses
@lucgeta (924)
• France
16 May 07
A repetition of 2006 is unlikely as a major correction occured at the end of February but it is normal for a drop after the results are released as part of the stock rise is based on expectations.
Pls don't take this as a financial advice it's just a comment on stock markets. cheers.
@haresh99b (10)
• India
29 May 07
hi
the markets will rally ahead upto 4400 and then 4567 on the nifty index.. so just ride the rally.
@haresh99b (10)
• India
29 May 07
hi,
The direction of the indian stocks is surely up and its going to be so, with alternate bouts of corrections.. The indices have been pretty rangebound for now but will soon give a upward breakout. The sensex will break its previous highs and the nifty is targetted at 4400 and then 4567.
So hold on and see your portfolio rise.
