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Experts Decode: Action-packed Apr to help Nifty scale 5600?

The market is looking for pointers and cues from the earnings season and RBI's monetary policy this month. But will these events help the Nifty scale the 5600 level again?

April 07, 2012 / 10:54 AM IST

Moneycontrol Bureau

The strong rally in Indian equities hit a stumbling block today, after three days and over 3% gains, as investors rushed to books profits at the end of a truncated week. A long weekend ahead, which could be plagued by global volatility, encouraged traders to close all exposed positions and safeguard their capital.

There was no support from global cues either today, as weak economic data from the US and the euro zone hit sentiment. The biggest disappointment was yesterday

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