Equity Alert: Shares to eye overseas markets Thu; bias negative
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K.Karthik Raja
Apr 2, 2008, 7:21:55 AM4/2/08
to Kences1
Equity Alert: Shares to eye overseas markets Thu; bias negative
MUMBAI--4:45PM--Key shares indices are seen taking cues from
overseas markets Thursday, but the bias is negative.
Market is unable to hold onto gains even if it opens up,
indicating that confidence has still not been restored. Plus,
investors will also be looking to book profits ahead of (Jan-Mar)
quarterly earnings.
U.S. futures were also down today ahead of U.S. Federal Reserve
Chairman Ben Bernanke's testimony before Congress on the economy,
interest rates and credit crunch.
Nifty to find support at 4600.
MUMBAI--4:45PM--Key shares indices are seen taking cues from
overseas markets Thursday, but the bias is negative.
Market is unable to hold onto gains even if it opens up,
indicating that confidence has still not been restored. Plus,
investors will also be looking to book profits ahead of (Jan-Mar)
quarterly earnings.
U.S. futures were also down today ahead of U.S. Federal Reserve
Chairman Ben Bernanke's testimony before Congress on the economy,
interest rates and credit crunch.
Nifty to find support at 4600.
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