Market View: 1-5 Dec 2014

Filed in Market Update by on December 1, 2014 0 Comments
Week Market View: 1-5 Dec 2014
Market This Week Last Friday NIFTY gave a small breakout since a period of consolidation. We now expect the NIFTY to continue to move up slowly and steadily towards 8900-9000. There would be periods of consolidations during this journey and that is very natural. The next trigger for the markets would be the RBI monetary policy which is scheduled on Tuesday. There are hopes of a rate cut but we will have to wait and watch. On the basis of improved economic and earnings growth the markets would continue to perform. All the best!

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