Friday 16 November 2012
Why Nifty may be under pressure today.....
The US markets recovered from their lows, but still finished in negative territory in a choppy session. With the recent declines, the Dow and S&P 500 are on pace for their biggest monthly losses since May. All three major indices have plunged more than 5% since last week's presidential election.
On the economic data front, US eco data weekly jobless claims were up 78,000 to 439,000 during the week ended tenth of November, was way beyond economists' expectations. Consumer price index edged up 0.1% in October following a 0.6% rise in September
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NIFTY UPDATES
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