Infra stocks to be in focus as govt plans to infuse $1 trillion in 5 yrs
The govt has identified about six projects in the railways and highways sectors to be funded through NIIF. Some stocks from these sectors look promising.
?Inflows to equity funds slow down, may weaken DII support to market
Data available with Amfi suggests that AUM of MF industry, as a whole, declined by Rs 1,121 crore to Rs 12.73 lakh crore in Jan from 12.74 lakh crore in Dec.
Q3 earnings, CPI & GDP data to steer market; Nifty50 looks to breach 7,580
On February 8, the market would react to GDP data for the quarter ended December 2015. GDP rose 7.4% for the second quarter of financial year 2015-16.
?Investor patience will be tested as market enters sideways zone
The market is expected to inch higher with lots of resistance on the upper side at 7,600, 7,700 levels. Traders can buy on dips with tight stop losses.
Waiting for market bottom? 7,100, 7,300 good levels to start buying
Experts say investors should not get too worried about FII selling and look to deploy cash around 7,100-7,300 levels in case the market heads southward.
Sensex rises 300 points, Nifty50 above 7,450
The S&P BSE Sensex started flat but was trading with a positive bias in morning trade on Friday, led by gains in ICICI Bank, ITC, Sun Pharma, and HDFC.