Market Commentary

Sensex expected to trade rangebound between 19450-19950 - ICICI Bank : Treasury Research



Posted On : 2013-07-11 22:04:20( TIMEZONE : IST )

Sensex expected to trade rangebound between 19450-19950 - ICICI Bank : Treasury Research

Indian stock markets received positive cues this morning from the general euphoria in US markets where the US indices ended yesterday at a record high. Asian stocks are also mostly trading in the green.

In domestic markets, Infosys released their result today, which was better than expected. Net FII flows into equities FYTD and for the month of July remain positive.

Technically, Sensex is expected to trade ranged between 19450-19950.

Source : Equity Bulls

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