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Thursday, 23 May 2013

Indian Market Sentiments -Outlook Negative


  • State Bank of India Q4 net falls 19% - Negative for Market and Bank Nifty
  • Daiichi's charges of wrongdoing by Malvinder Singh - Negative for Pharma stocks(Ranbaxy)
  • Wockhardt tanks 20% on US FDA import alert -Negative for Wockhardt stocks
  • Road projects not to be developed in PPP mode: NHAI - Negative for infra stocks
  • Tata Steel's Q4 loss at Rs 6528 cr - Negative for steel sector
  • BHEL Q4 net drops 4.2% at Rs 3327 cr - Negative for Capital Good sector


In all entier Gobal market and indian market is negative, on can expect sharp corrections both in Nifty and Bank Nifty


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