ECONOMY ANALYSIS
- Sensex, Nifty end flat; HDFC Bank, Hero major laggards
- Dr Reddy's, Endo get FDA approval to launch generic Valcyte
- Bank of Baroda Q2 profit falls 5.5%, NII jumps 17.5%
- Seeing positive trends in car & 2-wheeler biz: Gulf Oil
- L&T Q2 profit seen up 12%, revenue may jump 11%: Poll
MARKET ANALYSIS
- The Nifty has turned weak in trade today as the bulls took a breather after an upward journey for six consecutive sessions.
- The S&P BSE Sensex closed at 27868.63, down 47.25 points or 0.17 per cent, while The 50-share Nifty index ended at 8,337.00, down 1.30 points or 0.02 per cent.
- Aggressive long positions by the foreign institutional investors in Indian equities reflect their bullishness on hopes of a recovery in economy in coming years.
- According to analysts, the Indian markets are in for a big bull run and there is huge potential for markets to move higher from current levels.
- Following are the five factors that are likely to keep foreign investors
- 'Overweight' on India.
- High on growth:
- Oil continues to fall:
- Expectations of rate cut by RBI:
- Dovish US Federal Reserve:
- Easy monetary inflows to continue:
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