MARKEt OUTLOOk : @ALLIESFIN
1. The previous week’s momentum continued in the earlier part of the week and benchmark Nifty managed to steer past the earlier Weekly Double Top of 10941 (high for the week 10985). However a global equity market sell-off played spoiled sport and indices ended the week lower by over half a percentage point. Compared to the global picture Indian bourses managed
to hold their ground.
2. Events to watch include movements of crude prices, rupee, year-end related moves coupled with NSe Derivatives expiry.
Also keep an eye out for movements of US markets that are oversold and ready for a bounce. T.ME/ALLIESFIN
By: via @AlliesFin Serve T.ME/ALLiESFiN
