Monday, November 12, 2012

INDICES TO OPEN AND CLOSE IN GREEN

Festive spirit, FIIs net investing in excess of Rs 3000cr in cash market in the month of November so far, robust auto sales number for October and better numbers for the month of September for industrial and inflation figures will keep the bank, auto and metal stocks busy this week. The negative sentiments that prevailed in U S and Europe markets after Obama's win has also been waned. Hence the I T stocks too are likely to stage smart recovery this week. These factors will help the benchmark indices BSE and NIFTY to open and close in green today and gain substantially over the week.



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