Nifty may consolidate around current levels: Aditya Birla

• Myiris news - News - Nifty may consolidate around current levels: Aditya Birla

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  • ``In the beginning of the week, market attained its highest closing levels since on January 2010 on account of encouraging advance tax figures of Indian corporate for Q4 march 2010. Moreover heavyweight reliance industries surged to higher levels and supported the market. Fed rate was kept near to zero thereby rising confidence among the global market. Moreover Standard & Poor`s outlook on Indian market to be on stable raised confidence among the investors and boosted the market to be on positive zone. By end of week market ended on positive zone at 5255.20 levels. Food Inflation for the week ended was at 16.3% Vs 17.81%(w-o-w), `` said Aditya Birla Money, a leading broking firm on the current week`s market performance.
  • `In the beginning of the week, market attained its highest closing levels since on January 2010 on account of encouraging advance tax figures of Indian corporate for Q4 march 2010. Moreover heavyweight reliance industries surged to higher levels and supported the market. Fed rate was kept near to zero thereby rising confidence among the global market. Moreover Standard & Poor`s outlook on Indian market to be on stable raised confidence among the investors and boosted the market to be on positive zone. By end of week market ended on positive zone at 5255.20 levels. Food Inflation for the week ended was at 16.3% Vs 17.81%(w-o-w), `` said Aditya Birla Money, a leading broking firm on the current week`s market performance.
  • `In the beginning of the week, market attained its highest closing levels since on January 2010 on account of encouraging advance tax figures of Indian corporate for Q4 march 2010. Moreover heavyweight reliance industries surged to higher levels and supported the market. Fed rate was kept near to zero thereby rising confidence among the global market. Moreover Standard & Poor`s outlook on Indian market to be on stable raised confidence among the investors and boosted the market to be on positive zone. By end of week market ended on positive zone at 5255.20 levels. Food Inflation for the week ended was at 16.3% Vs 17.81%(w-o-w), `` said Aditya Birla Money, a leading broking firm on the current week`s market performance....

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