Nifty Outlook

For last 3 months, NSE Nifty was trading in a range of 4710 – 5090, a good piece of time for consolidation. During this December, it has actually inched up by crossing 5090 level and even traded at that level for a good number of trading sessions. It seems, Nifty up-move will continue supported by Information Technology, Capital Goods and Power sectors in this leg of up move; while Pharma, Banks, Metal & Oil and Gas sectors will take breather in short term. Mid-cap & Small-cap will loose some… More information...

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