Nifty directional

Weekly Report 15 May 2015

Market edged higher amid wild gyrations witnessed throughout the week as market  sentiment was boosted on expectations of cut in policy rates by the Reserve Bank of India in its next monetary policy review scheduled on 2 June 2015, after the latest government data showed inflation based on consumer price index (CPI) eased to a four-month low in April. Key indices gained in three out of five sessions of the week. The Sensex rose 218.61 points or 0.8% to settle at 27,324. The Nifty gained 70.85 points or 0.86% to settle at 8,262.35.The next batch of quarterly earnings of India Inc., macroeconomi...
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