Market Outlook for 14th August, 2013

Nifty Future:

Today’s centre stage for market is going to be NSEL Fiasco.  Trade cautiously as market can do wild movement and stocks of Finantech and MCX will be on pressure.

For day’s trading, Nifty has  range of 5665 – 5780 and any turmoil emanating from NSEL could break the lower end of Nifty range and can move down to 5620.

In Stock Future, Hero Motor / Infy / TechM will continue to outperform the market and few Banking stocks like Axis / HDFC Bank  / Yes bank could moveup.

Good Luck !!