Monday, August 27, 2012

Stock Market Report For This week: 27-31st August 2012

Stock Market Report For Today

Our technical report suggest that we can not be trusted on the bull. Even if foreign investors are putting money into the market, but the market is increasingly suspect. Economic reforms and tax issues that confuse the market mood is spoiled. But the market has great hopes for the new Finance Minister P Chidambaram. Possible declines in the market after the economic reforms. Eurozone Greece is expected to be out in September. When this happens, the market could fall 10 per cent to 5-6 per cent and the rupee. Suutiai the L & T , ITC and Axis Bank should sell the stock immediately. The government gradually will increase oil prices. However, will not benefit from the disinvestment process. We believe that investors should stay away from telecom companies and large public sector banks. Selectively investing in midcap stocks better. Stocks should avoid relying on government policy.
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