Market View: 03-07 Jun 2013

Filed in Market Update by on June 4, 2013 0 Comments
Week Market View: 03-07 Jun 2013
Market This Week As predicted earlier, last week the NIFTY was volatile and left everyone guessing on its direction. The NIFTY could not break its all-time high resistance. The F&O data for the June series suggests that we will have some bad times ahead. There seems to be more supply than demand. A further correction is likely. 5950 will be a very crucial support for NIFTY. If that is taken off a fall would be seen and thus we must all get on the sidelines and enter a wait-and-watch zone. 

Note: The market view was delayed due to technical issues. Apologies for the same.

FII Inflow
Sr.No Reporting Date Net Investment (In Crores)
1 27-May-2013 -139.50
2 28-May-2013 -592.70
3 29-May-2013 -36.90
4 30-May-2013 -1166.50
5 31-May-2013 -1351.00

Leave a Reply

Your email address will not be published. Required fields are marked *