Intraday Stock Market Trend Monday 23 May 2011
20th May Indian Stock Market rallied well from mid day session. Three possible reasons for the above mentioned rallies are 1. Better than expected Q4 results of ITC 2. In West Bengal Mamta Banerjee sworn in as the Chief Minister along with few congress MLA’s giving a strong indication of a stable central Govt. 3. Last but not the least a short covering by the Investor’s now, you have to be prepared for some unforeseen and bitter experience which may take place in next week. Indian Govt.e next four trading sessions.
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