The profit booking took place in last hour of trade yesterday , and there is fresh shorts visible in markets. US markets which opened almost 300 points gap up also could not finish with the gains and came down by the end of the trading session
and closed almost flat.
Indian markets may see range bound market today , Sensex and Nifty open flat to bit positive but may come to red zone as we see profit booking on cards , we advice to stay caution, there is some fertilisers subsidy news on cards watch out for fertiliser companies , banks may gain in near term as we see one more CRR cut next week.
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Trading in the stock market involves High Risk & High Return and there are every chances of making losses. The recommendations made herein do not constitute an offer to sell or a solicitation to buy any of the securities mentioned.
