Live & Latest Intraday trading Stock Recommendations tomorrow, Stocks in news, Intraday tips free today, Stock market investment tips today and tomorrow, intraday nifty and stocks tips and calls, Wednesday 9 March 2016, Nifty Trading Tips, nifty trend tomorrow, nifty stocks, nifty tips intraday, nifty tips provider, stock market investment for beginners, intraday stock tips, intraday trading tips, intraday stocks watch today, best stocks to buy today and tomorrow, hot stocks to buy now, picks in shares of India 9 March 2016 :-
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The market has very little to bank on for racing ahead with bank-frauds coming to light at regular intervals are making investors lose their faith in the rally. CBI investigating alleged fraud at Syndicate Bank has hurt sentiment further. Technically speaking, the Nifty was unable to surpass the 7550 resistance level and has created a Doji pattern indicating reversal of trend is on the cards. Investors have pumped in over Rs 23,000 crore into various mutual fund schemes in February, with liquid or money market segment contributing the most to the inflow even as the MF industry saw its asset pile shrink for the fourth month on the trot in February.
The outlook is a weak to flat start. Global cues are signaling further weakness for the day. Japan's Nikkei and China's CIS300 have lost 1.5% each. Hong Kong's Hang Seng is down 0.7% while South Korea's Kospi is flat. US stock indices slipped on Tuesday after five straight sessions of gains amid persistent worries over oil prices and slowdown in China.The Dow slid 0.6%, S&P 500 index dropped 1.1% and Nasdaq lost 1.3%. Crude oil futures tumbled as traders bet that weekly data will reveal a fourth straight climb in US crude inventories even as doubts prevail over an output freeze.
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