Market players are trading for expecting stocks to soar new highs investment if the government takes steps in the Budget to
spur growth. Stocks from the engineering, capital goods and real estate
spaces are expected to remain under the spotlight in the run-up to the
Budget.
Open Interest (OI, the positions not settled), are also high coming into the next month. The marketwide OI at the start of the July series will be Rs 69,200 crore compared to Rs 67,700 crore at the start of the May expiry.
Bhamre said any disappointment on the Budget front could impact stocks. He said the Nifty will find support at 7,450 levels; on the upside, there will be resistance at 7,650-7,700. The Nifty, after scaling above 7,600 in the first half of June, retreated due to tensions in Iraq.
Today are market is so heigh convertion market rates.
Open Interest (OI, the positions not settled), are also high coming into the next month. The marketwide OI at the start of the July series will be Rs 69,200 crore compared to Rs 67,700 crore at the start of the May expiry.
Bhamre said any disappointment on the Budget front could impact stocks. He said the Nifty will find support at 7,450 levels; on the upside, there will be resistance at 7,650-7,700. The Nifty, after scaling above 7,600 in the first half of June, retreated due to tensions in Iraq.
Today are market is so heigh convertion market rates.

Godrej Consumer cuts prices of select products: 23 Nov 2017
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