– The Nifty markets will see some lack-lustre initially.
– Trading may not see with much support from the demand side.
– Large Cap, PSU’s and BFSI will see selling pressure, till 11:00 AM.
– But around 12:50 PM, Markets will see a positive trend. Consolidation will be high on good “P/E” stocks.
– Buying will be good from there on until the closing bell.
– Telecom, FMCG, and Retail will book profits. BFSI PSU’s and Large Cap may not be very attractive.
[Disclaimer: The above readings are purely astrological. Readers are requested to consult their personal advisor and then take positions in the Market. Action based on the above readings will be purely at the reader’s risk]