Today the Markets went up by 104 points to 27563 the sensex and the Nifty went up by 38 points to 8375. A lot of foreign investments in Equities are coming in amounting to Rs 7300 crores in July. The Fed rate hike in the US is expected to happen, and next week we have our RBI rate season. Tomorrow is end of account being a Thursday so, market watchers are waiting. Results of FMCG company like Dabur came through today which has been good, and Pidilite both which we have recommended in the past have been good. The China factor some people say is ignored, but it is yet to be seen. As markets were down most of last week, short covering has taken place which has led to increase in prices of shares. The markets will react tomorrow depending upon the FED rate hike which will be known tonight in India. Happy Trading And Investing.
