December quarter earnings will drive the market directions in the coming days. Leading brokerage houses and analysts are expecting a slowdown in overall earnings.
Sensex gained around 150 points in the last week amidst heavy volatility.
Midcaps have crashed heavily in last few trading sessions and retail investors are eagerly waiting for a positive sign.
We hope that FII's will be back after the New Year celebrations and may pump in some more funds in the indian market.
Anil Dhirubhai Ambani Group is coming with a mega IPO of reliance power and some of the liquidity from market may shift towards the same.
Recommendations
Subscribe to Future group IPO.
Prakash industries had reached its earlier recommended target of 300.
We advise a buy on prakash Industries around 300-315 levels.
You can hold for one year with a price target of 550.
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