Market Updates: Nifty up but don't consider it as fresh uptrend: Jai Bala

moneycontrol.com ALERTS! Thursday, September 08, 2011 | (10:00 am IST)

MARKET UPDATES INDIAN MARKETS » Sensex volatile on mixed Asian cues; Obama speech eyed - 48 mins ago Equity benchmarks gained marginally in the opening trade. The market turned volatile following mixed Asian cues. It seemed that the market has priced in all positive US and European cues in previous sessions; now it is eyeing for Barack Obama speech to be held today. EXPERT OUTLOOK » Nifty up but don't consider it as fresh uptrend: Jai Bala - 11 mins ago Jai Bala, chief market technician of cashthechaos.com said, this is a bear market and hence, it is likely to see further dips. He warns that the market may see more upside in the short-term, but it should not be interpreted as a fresh uptrend as global cues are still weak. Above 5200-5300, below 4900 unsustainanble: Morgan Stanley - 15 mins ago Gold performed better, but equities cheaper: Nilesh Shah - 16 mins ago PN Vijay's multibagger ideas: Bajaj Corp & Dena Bank - 19 mins ago Experts bet on RComm, India Cements, GMR Infra, BoB - 56 mins ago Continue to prefer midcaps over large caps: Ridham Desai - 1 hr 12 mins ago See more news on Market Updates » FIRSTPOST.COM Delhi blast: The pillars of the Indian state are crumbling Yesterday's blast at the Delhi High Court is part of a pattern of terrorists targeting the symbols of the Indian state - from the legislature to the executive to, now, the judiciary. >>more Subscribe to FIRSTPOST.Newsletter >> You are receiving this alert because you have set a Market Watch Alert. Remove this Alert  |  Create another Alert  |  Manage your Alerts Make sure our messages always go straight to your inbox. Add noreply@news-moneycontrol.com to your Address Book or Safe List.

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