Today markets were up both NSE and BSE the NSE up by 55 points at 9086, and the BSE up by 164 points at 29332.The NSE 9000 has formed the base ever since the markets rise following the spectacular BJP win in Uttar Pradesh. Textile and textile related stocks will do well. Trident which was inr80/ two days back, is inr 87/ today. Nithin spinners is also a good stock which is 101/ today which was inr 77/ in june 2016. Today markets, went up by short covering. Markets were down since past three days because of global factors, like Britain not going to be in European Union.
The US president Trumps healthcare policy, does not seem to get support of the Republican Senators. This is not a good situation for the President.The situation in the country has a feel good factor with IPOs getting good response. The only thing to be watched out is the next round of company results.
