Friday, 20 April 2012

Stock Tips 23-April-2012

Stock Market Closing  :20th April 2012  


The bull rally of BSE SENSEX and NIFTY came to a pause on the last trading session erasing the gains in previous four sessions. NIFTY could not hold the important level of 5300 and closed below at 5290. Markets fell in a steep fall in the mid session as investors booked profit being cautious of RELIANCE INDUSTRIES results to be announced after market hours for Quarter 4 earnings. However one more reason for today’s fall was from Institutional investors as a freak trade happened in INFOSYS and NIFTY FUTURES April contracts hitting a low of 1950 and 5000 respectively which might have triggered stop loss.
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