Indian Stock Market on 27th January 2012: Indian stock market seen a good rally during last 10 days and take a relief after RBI policy with significant gains in all major sectors specially in reality and Banking sectors with more than 10-15% gains during last 10 days. Now Nifty is trading at 5158 near one of Major hurdle of 5200 level. If market trades above 5200 for 3-4 session we can expect a sustainable recovery. We expect Market remains flat with some profit booking on 17th january, so stay in defensive stocks like FMCG, PSU stocks till march 2012 untill there is some clearity in market
There is mistake in date 17th January .....27th January
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