Zee Entertainment, Power Grid, GAIL likely to be in limelight today
After a strong move, the index seems to be in time wise correction (consolidation phase), the broader range seems to be 11800 to 12100
Stock markets , AFP
1. Bull market or bear market today?
Index seems to be in positive momentum
2. Stocks likely to be in limelight today
Zee Entertainment Enterprises Ltd, Power Grid, GAIL can see positive moves
3. Sectors likely to impact the market today?
Financial services stocks, PSU banks, realty can do well.
4. Your mid-term view?
After a strong move, the index seems to be in time wise correction (consolidation phase), the broader range seems to be 11800 to 12100.
5. What drove markets today?
It was a mixed bag, where financial stocks did well, while IT and FMCG faced mild selling pressure. Selling was seen in midcap and smallcap stocks.
Kapil Shah, technical analyst, Emkay Global Financial Services Ltd