Market View: 2-6 Jun 2014

Filed in Market Update by on June 2, 2014 0 Comments
Week Market View: 2-6 Jun 2014
Market This Week Last week the markets corrected for the first time since the rally that we have been seeing till now. Good! This correction is healthy and surely a desirable one. We can expect more of these corrections in the first half of the month. Nothing to worry at all. Stay invested. There will come a strong support at 7150-7200 and a strong resistance at 7400. Note that from here on along with the FII’s, we will also see the DII’s participating in the markets. So as retail investors, we must all make sure that we too participate in this run. We must all keep a three year horizon from here on and approach the markets one week at a time. All the best!
FII Inflow
Sr.No Reporting Date Net Investment (In Crores)
1 26-May-2014 514.70
2 27-May-2014 -24.70
3 28-May-2014 -223.40
4 29-May-2014 -43.70
5 30-May-2014 -440.60

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