Moneycontrol PRO
LAMF
LAMF

business

Market may drift lower! Experts bet on banking stocks

The BSE Sensex closed the day today at 19659.82; 91.37 points lower than yesterday‘s close. Sudarshan Sukhani of s2analytics.com, feels that the market is in a bottoming out process and 5950 could hold a base for the Nifty. Right now, I have short positions in the market with a stop loss of 6,000. I think the market will go down.

first published: Feb 5, 2013 04:12 pm

Advisory Alert:

It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347