Bank
nifty futures tips - Lack of start has kept the Indian equity market
low-spirited. Current week the market is estimated to remain weak
ahead of the F&O contract expiry on Thursday, July 30, 2015.
Distressing results from corporate India as well as lack of positive
news is keeping the Indian equity market low-spirited. More than
estimated delay in economic recovery has been keeping the market
nervous. The market experts and analysts that were expecting the
government to fire have realised that the Indian market economic
recovery will take more time than expected.
It was not at all going to be easy for the new
Govt to bring the house in order. With the banking system under
stupendous stress it will be a while before demand picks up and
economy is back on growth track. In fact with the pain still there
and many analysts going wrong on the timing, today analysts don't
want to put a timeline on the improvement. Anyhow, they fear that the
pain in the system may see equity market remain low-spirited in the
near term.
Stocks of companies like IDFC, L&T, ITC, ICICI Bank, Ambuja Cements, HDFC, Tech Mahindra, Bank of India, Dish TV, YES Bank, IDBI, PNB, NTPC, Maruti Suzuki, Kotak Bank, Nestle India & Union Bank would remain in focus as they declared their June 2015 ended quarterly results.
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