Markets were flat today with the Nifty closing by 8 points at 9665 and the sensex also closing by 8 points at 31360. The markets have been hunky dory this week with intemittant rising and falling within the week and trading days. Nitin Spinners is a good share with some institutional investors quoting around 135/ it need not be purchased now, but later when it comes to 125/.
The China factor is one worry but with our ties with israel, it will prevent China from doing anything anything aggressive. China also wants peace due to their trade ties. The business in markets is on a medium scale with rises and downs. Retail participation for individual stocks is less and a lot of fund activity is going on. The funds either buy or sell in large quantities which effect the market. The trading is on a trading range.
