12:24
Moneycontrol BureauLive Market Commentary
The market remained listless in noon trade with the Nifty hovering around the 6200-level. Experts believe the earnings so far has been positive amid weak economic environment, which already discounted by the market. Also the market is largely supported by foreign money, they add.
Generally, flows in Indian equities have been by long-term investors who see opportunity due to the weak rupee, JPMorgan AMC's Richard Titherington says.
Delayed taper of asset purchase programme by the US Fed and economic recovery in countries like China have been the reasons behind it, he elaborates.
The Sensex is down 38.48 points at 20855.41, and the Nifty is down 9.35 points at 6195.60.
Titherington foresees the rally in the Indian markets to continue till the year-end. The current market is attractively valued and IT companies are still preferred, he tells CNBC-TV18. Meanwhile, PSU banks look extremely cheap and may not see further de-rating, he adds.
Oil & gas, healthcare and auto stocks are under pressure while top lenders, technology and Tata pack are in bull grip.
Anda sedang membaca artikel tentang
BSE Sensex volatile; oil gas, pharma, auto drag
Dengan url
https://rokokkanker.blogspot.com/2013/10/bse-sensex-volatile-oil-gas-pharma-auto.html
Anda boleh menyebar luaskannya atau mengcopy paste-nya
BSE Sensex volatile; oil gas, pharma, auto drag
namun jangan lupa untuk meletakkan link
BSE Sensex volatile; oil gas, pharma, auto drag
sebagai sumbernya
0 komentar:
Posting Komentar