There may not be much excitement in the market with the investors deciding to play safe. The industries that will be benefited are Automobile, Communication, Banking and Infrastructure. Power sector may not show much improvement. The market may end on a flat note. Be watchful with regard to IT and Chemicals sectors as there may be fluctuations though there may only be meager growth. FIIs may withdraw funds, but the market will stabilize with the support of mutual funds and local investors.
from www.astropundit.com
Sector wise performance
from www.astropundit.com
Information and Technology
There will be fluctuation and investors should be patient. Avoid distress selling.
Telecom
There will be reasonable growth in this sector. Reputed firms will do very well.
Entertainment and Mass Media
There will be some potential for growth. This sector will turn out to be dependable.
Cement and Steel
There will be reasonable growth with some recovery towards the end of this fortnight.
from www.astropundit.com
Banking and Finance
There will be very good growth. This will be a most dependable sector during this period.
Textiles
There may not be any encouraging indications in this sector. Hold stocks.
Automobiles
There will be good growth. This will be a dependable sector.
Petroleum
There may not be much potential for growth. There is bound to be fluctuations with a fall in prices.
Chemicals & Pharma
Be careful as there will be a lot of fluctuations in prices.
from www.astropundit.com
