Nifty may drift to 4800-4600
Posted: Mon May 28, 2012 2:02 am
The NSE benchmark Nifty will continue to drift down to the 4800-4600 levels ,
The years-old stock market adage, ‘sell in May and go away’, seems to be holding true for the third year in a row, as Dalal Street has lost close to Rs 4,00,000 crore of wealth and the benchmark Sensexhas fallen by over 1,100 points so far this month.
The years-old stock market adage, ‘sell in May and go away’, seems to be holding true for the third year in a row, as Dalal Street has lost close to Rs 4,00,000 crore of wealth and the benchmark Sensexhas fallen by over 1,100 points so far this month.