May 18, 2013, 12.37 PM IST
Earnings of Coal India, SBI, Jet Airways will be key for the week ahead for our market.
Overseas investors were net buyers for 21 consecutive sessions as of Thursday, bringing their net purchases for the year to about USD 13 billion, according to regulatory data.
The stock rally has been sparked by expectations that easing inflation will allow the Reserve Bank of India to cut interest rates as early as next month, and any adjustments in those expectations could also impact shares.
Nifty at life time highs; uptrend may soon face resistance as markets become overbought
THIS LETTER HAS BEEN BULLISH FOR MANY DAYS. WHILE THE LONG TERM TREND IS NOW UP, A CORRECTION MAY BE COMING SOON.
Tags: Coal India, State Bank of Inda, Jet Airways , regulatory data, BSE Sensex, interest rates, Reserve Bank of India
Action in Coal India
Video of the day
Dec 6 2013, 15:02
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Dec 4 2013, 11:08
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