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Market Watch: Eyes shift to inflation numbers by Geojit Financial Services Ltd
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Upsides were challenged in the second half, buyt the turn lower is not expected to evolove into a collapse today. Expect bargain buying to re emerge as long as above 22870/800, but upswings are also not expected to gain momentum, as long as 23035 syays intact. We have thus entered a consolidation band, with low prospects of a directional move even if 22800-23035 range gives away.
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Quote on?Market Wrap by Shrikant Chouhan, Head Equity Research, Kotak Securities
