 "Share prices get boost after buyback")
Stock calls and outlook on Nifty by Sameet Chavan, Chief Analyst- Technical & Derivatives, Angel Broking:
It’s been a week of consolidation for our markets but the encouraging point was market managed to maintain their positive mood throughout the week in a gradual manner. In terms of intraday activity, Friday was the only day when we saw some action in the market as rising hopes over Standard and Poor’s (S&P) rating (for India) boosted traders’ sentiments.
During the entire week, we have been mentioning the trading range of 10,250 – 10,368 for the index. After four days of struggle, the
