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SGX Nifty Live Quotes

SGX NIFTY Trading Hours: Mon-Fri 6.30am - 3.40pm (India Time IST Time)

Friday, February 27, 2015

Nifty Post Budget 8200 or 9300

Nifty post budget depends how strong budget will be presented by Arun Jaitley. On a broader side there are high expectations . Budget will be mix of tax reforms , black money , make in India vision.

It seems to be good budget and nifty may stretch to 9300 maximum. After that there may be a correction .

For long term investor buying is always a good opportunity. This year it will be long bull market which see many rate cut in interest and see growth in GDP.  Long term nifty looking 10,000 by year end.

It depends are your trader or investor ?

Monday, January 26, 2015

Market this week depend on these factors

Market is already run high in last couple of weeks. This week is expiry week for contracts so there will be huge consolidation and don't see a new high this week.

Greece Election result and US-Indo business talk are main factor to effect market this week.

Nifty already standing above 8800 and run almost 10% from recent low of 8180.  There is a big chance that nifty may correct first then make a new high before budget.  Expert expecting nifty to touch 9500 by March'15.

So wait and buy good fundamental strong shares after small correction for a medium term to get good profits on your investment.