Tuesday, August 12, 2014

NIFTY TO TOUCH 7700 LEVEL

Stock markets yesterday across the globe closed in positive territory. Tata Motor's superlative Q1 numbers will give big boost to markets in the early trade. Delivery percentage in select NIFTY stocks also indicate strong upward movement.  Domestic funds are net buyers in cash market in the last 2-3 trading sessions. All these factors  may help the benchmark indices open higher. NIFTY is likely to test 7700 level in today's trade.  

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