Trending Topics
Sensex Live
Oil Prices
Gold-Silver Price Today
Rajputana Stainless IPO
Upcoming IPOs

Don't expect banks to help Nifty out of slump: Manghnani

Anil Manghnani of Modern Shares & Stock Brokers says that post the nine-day long fall and the interest rate hike after RBI’s monetary policy announcement, “with all the FII selling that has taken place, until the buying doesn’t resume or some sort of sanity doesn’t come back, we might be stuck with negative bias.”

May 11, 2011 / 15:12 IST
Story continues below Advertisement
Remove Ad

Your browser doesn't support HTML5 video.

Regardless of the positive market cues globally, Nifty continues to be in a consolidating phase. The Indian equity benchmark continues to trade in a range of 5525-5590 levels, since Monday. In an exclusive interview with CNBC-TV18, Anil Manghnani of Modern Shares & Stock Brokers says that post the nine-day long fall and the interest rate hike after RBI

TAGS: #Anil Manghnani #Banks #BSE #Market #Modern Shares & Stock Brokers #NE #Nifty #Sensex #Technicals
first published: May 11, 2011 09:55 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Follow Us On: Facebook twitter instagram linkedin youtube
Trending Topics
Sensex Iran War News Live Gold Silver Rate Today Tech Mahindra Layoffs Petrol Diesel Prices Parliament Live NPS Withdrawals Sensex Crash Indian Rupee Donald Trump
News
Business Markets Stocks India News City News Economy Mutual Funds Personal Finance IPO News Startups
Markets
Home Currencies Commodities Pre-Market IPO Global Market Bonds Silver MCX Price Gold MCX Price
Personal Finance
Home Loans up to 50 Lakhs Credit Cards Lifetime Free Finance Tracker New Fixed Deposits Fixed Deposit Comparison Fixed Income
Mutual Funds
Home MC 30 Top Ranked Funds ETFs Mutual Fund Screener
Tools
Income Tax Calculator EMI Calculator Retirement Planning Gratuity Calculator Petrol Price in India Diesel Price in India IFSC Code
Community
Stock Markets
Network 18 Sites
News18 Firstpost CNBC TV18 News18 Hindi Cricketnext Overdrive
Quick Links
About Us Contact Us Advisory Alert Advertise with Us Disclaimer Privacy Policy Cookie Policy Terms & Conditions Financial Terms (Glossary) Sitemap Investors
Download MC Apps:

Copyright © Network18 Media & Investments Limited. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.