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Presently the trend is positive and keep an eye on the levels of Nifty 5219 level. if this is held than all is well in the Indian share market. Even FIIs are bullish on Indian story and have pooled Rs 34300 cr in Q2 and this is an authenticated data from SEBI.
Indices | Support | Resistance |
Nifty | 5219 | 5310 |
Sensex | 17399 | 17701 |
Stock | Profit |
Tip | 2885 (Rs 50,000 Trading) |
Intraday Trading Tips
Share | Gains |
Tips | 26250 |
NSE Nifty 50 Stocks | Made Money |
F&O Tips | 38560 |
- Cellphones is a 200,000 crore market in India in 2012. Thus one can invest in telecom sector for a longer time frame to make money in stocks like Idea and Bharti telecom. However The Bharti-Zain deal is a negative for the company in a shorter time frame. Even companies manufacturing local phones like Karbonn or Lemon have a great potential.
- As per Indian Prime Minister Manmohan Singh, Indian Government must spend $1 trillion on roads, ports, power and other infrastructure between 2012 and 2017 to help accelerate economic growth to 10% and cut poverty.
- Industry body Assocham on Thursday said it estimates the premium from general insurance to touch Rs 1 lakh crore in the next 5 years .
- Income of foreign institutional investors (FIIs) from derivatives trading will not be liable to tax in India, the Authority for Advance Rulings has said.
- ONGC to invest $712 mln in oil fields development.
- EU leaders warm to joint IMF-EU plan for Greece.
- Essar Oil to seek approval to raise $1.7bln.
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