Pre Market – Sensex may detect a bad opening: The Indian Markets May observes a negative scuttle as virtually of the Asian exponents and The Pointer SGX Nifty are trading all in The Negative.
On the Asian face, Hong Kong stocks started The Holiday-Shortened week crisply glower, as U.S. Fell On Friday of Egyptian Concerns over agitation Which assisted drag Chinese banks throatier, and gains in crude With future oil pulling down airline stocks. The benchmark Hang Seng Index tumbled 1.3% to 23.236. Nikkei dislocated 1.2% to 10.234.
Japanese shares lost ground aussi, With the Nikkei Stock Average Slipped 1.2% to 10.234. The Seoul
The SGX Nifty is down 92 points at 5.452. Vice President Equity Research, Bonanza Portfolio Limited Mr. Avinash Gupta, Says That Nifty has closed below 200 days again simple moving average. The undertone IS & the cushy market IS required to craft with a weak bias. A bounce back from the Day's Low IS CAN NOT Be Ruled. The market IS awaited to trade a drift of 5400 to 5700.
The inventory to see for the Day are Dabur Bharat, Mahindra & Mahindra, ONGC, Kalpataru Power Transmission and Maruti Suzuki India
