Market Commentary

Indian Markets end on a flat note ahead of Infy results - Nirmal Bang



Posted On : 2013-01-10 11:30:28( TIMEZONE : IST )

Indian Markets end on a flat note ahead of Infy results - Nirmal Bang

Indian Markets failed to sustain the morning gain and ended on a flat note ahead of Infy quarterly result tomorrow. Banking and Oil & Gas stocks have provided some support to the markets today.

The government has approved a proposal to inject Rs.12,517 crores in public sector banks to help them enhance the lending activity and meet the capital adequacy as per Basel-III norms. Oil Ministry of India has said that a proposal to raise fuel prices in phased manner is going to be submitted to the union cabinet.

The breadth of the market was negative in today's trading.

Source : Equity Bulls

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