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HomeNewsBusinessMarketsNifty ends flat; BSE Midcap rises for 13 straight days

Nifty ends flat; BSE Midcap rises for 13 straight days

Indian equity benchmarks closed the third consective session on a flat note after witnessing a consolidation throughout the session.

April 07, 2011 / 16:42 IST

Indian equity benchmarks closed the third consecutive session on a flat note after witnessing a consolidation throughout the session. Indices were completely directionless on Thursday, could be awaiting some triggers like earnings season, change in government policies etc.

According to Dipan Mehta, Member BSE and NSE, the best strategy would be to wait and watch, and may be at higher levels if crude persistently remains at these levels and government policies is not forthcoming then one should look at booking profits and hope for a correction to then get into the stocks markets. "I think it
first published: Apr 7, 2011 04:25 pm

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