Tuesday, March 14, 2006

Daily Market Update

Sensex and Nifty both ended flat , Sensex closed 7% down and Nifty about 2% down. Banking and FMGC sectors did well. Again there was lot of swing seen in market in yesterdays trade, initially Sensex went up by about 50% and then again came down. Looks like 10800 is a kind of hard barrier for Sensex, we will have to wait and watch what happens today.

Sectors To watch today:
- Cement
- Steel

Stock picks for today:
- Satyam
- ACC
- Bharti Tele

Stock market is closed on 15-Mar-2006 due to Holi festival.

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