RESEARCH VIA INTRADAY EQUITY REPORT FOR 20 MARCH 2014

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reena sharma

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Mar 20, 2014, 3:25:35 AM3/20/14
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MARKET ANALYSIS

  • The 50-share Nifty index is expected to open lower on Thursday following muted trend seen in other Asian markets. Tracking the momentum, the index is expected to retest its crucial psychological support level of 6500 in trade today.
  • At 07:30 a.m., Nifty India stock futures in Singapore were trading 26 point lower at 6525.50, indicating a lower opening on the domestic market.
  • The benchmark Sensex ended almost unchanged, while Nifty managed to hold levels above 6500, amid global markets turning cautious ahead of a closely-watched US Federal Reserve policy meeting.

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