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SHARE MARKET REVIEW
Nifty Updates On : 4-June-2012
Nifty Technical Levels :5-June- 2012
Stocks to buy :5-June- 2012
BSE SENSEX and NIFTY traded in a volatile session on the very first day, recovered later in second half after a top official from weather department reported India’s monsoon rains may hit southern KERLA coast in two days, took SENSEX to close above 16,000 levels. However Reserve Bank of India’s deputy Governor Subir Gokaran said RBI has some possibilities to reduce policy rates also fuelled the fire to get recovered as banking stocks boosted. Bank Nifty took a smart recovery closed 3 percent up from its intraday low. JPASSOCIAT, L&T, and BANK OF BARODA led the rally while TATAPOWER, GAIL and JINDALSTEEL limited the gains.
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