Indian stock market closed flat ahead of long week. (I predicted some profit booking-anyway it ended flat)
Throughout the session the market was choppy.Coming week is very important for markets. According to faber the worst is not over yet!.
Sensex ended at 17135, up by 8 points. Where as nifty ended with out any appreciable profit or loss. There was mixed response in the sectoral indices. IT stocks gained most, healthe care sector witnessed some selling pressure.
Some caution is needed for the long term prospective. If one is ready to take risk surely this market is for them.
Detailed report available in moneycontrol
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