Week beginning from 5th Nov,2012 may see activity directed towards specific stocks in Indian Stock Markets (NSE and BSE)

Equity research analysts have pointed out that the coming week beginning from 5th November,2012 will see activity in stock market directed towards specific stocks. Experts formed their opinion based on the concerted activity going in blue chip stocks in the Indian stock market like Bharti Airtel, Tata Motors and SBI to name some of them. The week ended on 3rd November saw volatile trading sessions with the last three days closing in green due to positive global cues.

Quarterly financial results of Cipla, Tata Power, Reliance Infrastructure, Hindalco, Bharti Airtel, Tata Motors, Sun Pharmaceuticals Industries, ONGC, Ranbaxy, Tata Steel, Jindal Steel & Power, Coal India and State Bank of India (SBI) are due this week.

In the week gone by BSE Sensex recovered 130 points on the last day and settled at 18755.45. Sectors that performed best during this period includes consumer durables, auto, IT, Pharmaceuticals and Metals.

Source: Financial Chronicle

Photos: Seasonal Magazine, Rediff, Money Paradise


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