MESSAGES

Indian Nifty is completely operators driven market, good results stock become negative and bad results stock hit upper circuit, US inflation is at high but US Dow is down 1.2% and Nasdaq is up 0.5% in last 3 session but Nifty reacts that inflation data is of India and its down 2.3% in just 2 session even after whole global market is positive, see TCS posted good results but close 1% negative and today Bank Nifty is worst performing sector in last 2 session in which Axis Bank down 3.5% and ICICI Bank is down 3.2% these are worst hit in large cap Bank without any negative news, Indian Nifty is puppet of operators and FII because they decide the move of market according to his position and the fate of market. and see just before opening of US market Gift Nifty was 73 points up but now its become flat even US market is up more than 0.5% all indexes.