Expect A Bullish Stock Market Next Week – Expert View

Financial, News

stock market

There has been steep fall in the Indian and global stock stock market post Paris terror attacks. Strengthening of Dollar and weakening of Rupee was an indicator of the bearish trend. Due to US stockpiling crude oil prices of fuel have slightly increased as well thus fuelling a sharper fall. The experts however are optimistic about the market next week. According to them, as long as Nifty holds the 7500 levels, there is hope in the market.\

The fundamentally weak counters will continue to bleed as there is not much pull in the market to carry them along. But the banking sector might see a medium boost in the first half of next week.

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Soumyajit DasMazumdar

Soumyajit is an SAP technical consultant with a flair for writing. An avid blog reader, he started off with a free WordPress blog and slowly moved to his own personal news and blog site. Apart from writing he loves reading books, playing table tennis and long bike trips. He is currently trying to learn playing guitar and failing miserably.

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