Capitalmind
Capitalmind
Actionable insights on equities, fixed-income, macros and personal finance Start 14-Days Free Trial
Actionable investing insights Get Free Trial
Charts & Analysis

Indian Market Snapshot: Jul 22, 2011

Friday took the Nifty up 1.5% and ended the week up marginally (0.95%) from last week. The trigger was probably the news of the Greek bailout, though the euphoria seems to have died in the west with the Dow reversing course. The very narrow range the market is in (5540 to 5640) is probably because the RBI action next week (Tuesday) is awaited, and there’s an expiry week ahead. Watch your stop losses.

Nifty Snapshot

(Thanks for the idea to dshort.com)