Market Outlook: Domestic indices are expected to open on positive note back of exit polls review showed the Modi led BJP could get three out of four major seats that went to polls in the past few weeks. Tracking the momentum in SGX nifty, index is expected to touch the intra day resistance level of 6190 in trade today. However, other Asian markets went off to a nervous start on today as never ending speculation about the fate of US stimulus lifted bond yields. So possibility of profit booking during after the early morning trades cannot be ruled out.
Posted on: Thu, 05 Dec 2013 03:37:03 +0000
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