Nov 11, 2012, 10.01 AM IST
Indian stock indices are expected to remain range-bound ahead of key economic data and uncertainty in the global risk environment, while the Diwali holidays should keep volumes thin.
Markets will be opened on Tuesday for a short trading session, and will be closed on Wednesday.
Companies will continue to post earnings results, including from Spicejet
Economic data will also be key, with the country set to post industrial output as well as inflation data. Global risk factors will also be vital amidst continued uncertainty in the euro zone and budget negotiations in the United States intended to ward off the so-called fiscal cliff.
Monday: Earnings - Spicejet
News driven market breaks previous high of 6212; Nifty in uptrend, may surprise on upside if actual election results are supportive
The impact of the exit poll in the stock market is favourable for the bulls. The result of exit polls has led to sharp up move in the market. The theme is intact that trades will make more money on the long side. The same theme is intact in the Bank Nifty. After a narrow range Bank Nifty opened with gap and closed on the top.
Action in SpiceJet
Video of the day
Dec 6 2013, 15:02
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Dec 4 2013, 11:08
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