Market Commentary

Markets ended higher for fifth straight session - Cholamandalam Securities



Posted On : 2013-07-23 22:07:49( TIMEZONE : IST )

Markets ended higher for fifth straight session - Cholamandalam Securities

- Markets ended higher amid firm global cues led by China's plans for avoiding hard landing.

- Positive comments from Japan's government on its economic outlook also lifted investor sentiment.

- All the sectoral indices closed in the green with consumer durables index leading gains, up nearly 4%.

- Markets are expected to open on a negative note amidst weak global cues. Banking and NBFC stocks to come under pressure on RBI's liquidity tightening measures to stem the fall in rupee.

Source : Equity Bulls

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