Market Is Expected To Take Direction From Emerging Markets

Last Day, Nifty on Diwali fell 88 points from its high of 10212 and made low of 10123. Emerging market are again reviving from its low, Nifty will take its direction from emerging markets. If emerging market sustains we might see Nifty making newer high, or else if emerging market does not sustain and falls we may see profit booking in Nifty and cash Market. This week Market will also take cues from 26th Oct ECB Monetary policy where Mario Dragi may remove or lower down stimulus packages.


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