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Lord Jesus Christ Says...

“And so I tell you, keep on asking, and you will receive what you ask for. Keep on seeking, and you will find. Keep on knocking, and the door will be opened to you. For everyone who asks, receives. Everyone who seeks, finds. And to everyone who knocks, the door will be opened.” Jesus Christ, Luke 11:9-10

20 Mar 2016

STOCK MARKET- MARKETS MAY REMAIN CHOPPY IN HOLIDAY SHORTENED WEEK: EXPERT.



New Delhi: Equities are expected to trade within a range, but volatility will remain high in a holiday-shortened week ahead and investors would track global trends and foreign fund inflows amid lack of domestic cues.

The stock markets will remain closed on Thursday and Friday on account of the Holi festival and Good Friday, respectively.

"Sentiment in the global markets and investment by foreign investors will dictate trend on the bourses. In the absence of any macroeconomic data or major domestic trigger, trading is expected to remain dull but volatility will remain high on account of truncated trading sessions," said Vijay Singhania, founder-director of Trade Smart Online.

Volatility will remain high as traders will start rolling over their existing derivatives position, he said.

"Market in the near-term will depend on trends in global markets, investment by foreign portfolio investors (FPIs) and movement in crude oil," said Rohit Gadia, founder and CEO of CapitalVia Global Research Ltd.

The market has logged its third weekly rise (during March 14-18) in a row to hit a two-month high, as the benchmark BSE Sensex gained 234.75 and the broader Nifty garnered 94.15 points.

"Going forward, the market movement will be influenced by the expectations of an RBI (Reserve Bank of India) rate cut," said Vinod Nair, head-fundamental research at Geojit BNP Paribas.
The stock markets will remain closed on Thursday and Friday on account of the Holi festival and Good Friday, respectively.
"Sentiment in the global markets and investment by foreign investors will dictate trend on the bourses. In the absence of any macroeconomic data or major domestic trigger, trading is expected to remain dull but volatility will remain high on account of truncated trading sessions," said Vijay Singhania, founder-director of Trade Smart Online.
Volatility will remain high as traders will start rolling over their existing derivatives position, he said.
"Market in the near-term will depend on trends in global markets, investment by foreign portfolio investors (FPIs) and movement in crude oil," said Rohit Gadia, founder and CEO of CapitalVia Global Research Ltd.
The market has logged its third weekly rise (during March 14-18) in a row to hit a two-month high, as the benchmark BSE Sensex gained 234.75 and the broader Nifty garnered 94.15 points.
"Going forward, the market movement will be influenced by the expectations of an RBI (Reserve Bank of India) rate cut," said Vinod Nair, head-fundamental research at Geojit BNP Paribas. 

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