Wednesday 17 January 2018

Nifty Likely To Consolidate A Bit; HUL, TCS And GAIL In Focus Today

Posted by suhani varma on Wednesday, January 17, 2018 with No comments



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The index witnessed came under pressure in opening trade thanks to muted global cues

Wall Street was closed on account of a public holiday

Also, weak rupee, along with trade deficit data number weighed on sentiment


After a long time we saw some tiredness in the broader market, some corrected over 5%BSE Midcap and BSE Small Cap Index underperformed the benchmark significantly

PSU banks, NBFCs corrected spooked by rising bond yields

Analyst advise investors not to make fresh long positions on dips and square of any leverage bets, if any

Largecap are the stocks to be in – if somebody is looking for favourable risk-to-reward ratio

Gold eases from four-month peak as dollar claws back

Euro hovers near three-year high, bitcoin tumbles

Oil prices drop off three-year highs but strong demand supports

Rupee sinks 55 paise to 64.04 on trade deficit concerns

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