FII MOOV FOR 2010

 foreign financial institution make a key roll in emerging market like china,india etc.since beginning of 2009 FII entered in indian stock market with investing of lot of fund here accumulating stock with a very low price when sensex at 7500and continually investing in all large cap and midcap stocks with have good fundamentally strong companies and take market to 17000 now specially they have much confidence here after general election and congress lead government comes in power with great number, since now FII still investing so market poised to reach higher each and evry days


in my view as supporting by stimulus package company performing well as also economy showing healthy environment but due to higher inflation it looks rbi worry about handling policy how can ,RBI governor seems to take step to control deficit now and may be in coming month they hike crr rates soon .

so it is time to remain cautious and RBI here is also thinking of increasing the rates here though industry is against it, so who is still invested in market should need to free their money in cash partially

,

market zone 5450-5500 for nifty get big hurdle but can achieve these number soon and may be a sharp decline in market coming soon as stimulus withdrawn nifty can comedown upto 4500 level in coming month

No comments:

Post a Comment