Market View: Week starting 28 April 2014

Filed in Market Update by on April 28, 2014 0 Comments
Week Market View: Week starting 28 April 2014
Market This Week A few negative factors like the political issues in Ukraine, below average monsoon predictions have chipped in our markets. The sentiments are that of correction and profit booking which is likely to prevail till the election results are declared. Mid-caps have had a dream run from October 2013 onwards. Profit booking is likely to happen in these mid-caps which will pull them at least 20-25% down from current levels. Let’s be a little cautious and keep a low profile till the election results are declared. Do not allow profits to get converted into losses.
FII Inflow
Sr.No Reporting Date Net Investment (In Crores)
1 21-Apr-2014  408
2 22-Apr-2014 222.30
3 23-Apr-2014 186.90
4 24-Apr-2014
5 25-Apr-2014  841.30

Leave a Reply

Your email address will not be published.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