There was a fresh round of selling by European funds in the afternoon today, say dealers, reports CNBC-TV18. There's also lack of conviction to buy among FIIs; the buy:sell ratio is at 1:3, they say. Domestic funds are also not very active at current levels. Selling pressure in midcaps is likely to continue, they say. Dealers expect a short covering recovery in the Nifty before the expiry
Tuesday, June 24, 2008
Subscribe to:
Post Comments (Atom)
DISCLAIMER
DISCLAIMER: INVESTING AND TRADING IS VERY RISKY AND FINANCIAL LOSSES ARE OFTEN THE RESULT.
Investment success is far from a sure thing. This site is solely intended for educational purposes. I am not a registered investment advisor and it is not my intention to provide anyone with investment advice. I am not recommending that any reader of this blog buy, sell, short, or engage in any other investment strategy based upon the content set forth herein. I strongly urge all readers to perform their own due diligence before investing and or trading their funds. I will not be responsible for any readers financial losses.
0 comments:
Post a Comment