Fw: Market has finally broken out of a tight range

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From: HDFC securities Limited <online.rm@hdfcsec.com>

Date: Fri, 29 Jun 2012 20:36:23 +0530

To: <srampv@gmail.com>

Subject: Market has finally broken out of a tight range

MARKET ROUND UP Markets consolidate Key benchmark indices surged after European Union (EU) leaders agreed on a growth and bank recapitalization plan for Europe which is designed to alleviate the worst of the current debt crisis gripping euro-zone.  Markets ended in the green for the fourth consecutive week. BSE Sensex, regained psychological 17,000 level this week. W-o-W, the Nifty rose by 2.6% while BSE Sensex gained 2.7%. Market breadth was positive in five out of the five trading sessions of the week, implying a positive bias. Click here to read more OUTLOOK FOR THE WEEK AHEAD Market has finally broken out of a tight range of 5,050-5,180 on Nifty, which is a good sign. Post the European summit and clarification of GAAR issues domestically, the sentiments of the Indian Markets have improved and we feel that the positive momentum could continue over the next few sessions. The market could continue to trade with a positive bias, but some intra-day profit taking at higher levels cannot be ruled out.   Our Offerings  Never miss any trading opportunity...Trade on Mobile from Anywhere..Anytime!! Set up your DIYSIP in equities of favourite stocks online. Register ONLINE. Weekend Bytes  Jack Schwager's Five Market Wizard Lessons     Online Corporate Fixed Deposits Following the 0.50% cut in the Repo rate, many banks have realigned their rates they offer on deposits of different tenure.  The regime of lower interest rates seems to have begun. The financially healthy Corporates may also follow suit in terms of cutting rates on their deposits.  As a logical outcome the current high interest rates may not last for long. Prudent investors are making the best of the current opportunities and freezing these rates in their deposits. CAPTURE THESE HIGH INTEREST RATES, BEFORE THEY VANISH... Shriram Transport Finance Unnati 10.75 % p.a Click Here To Invest Online DHFL (Aashray Plus Deposit) 11.00 % p.a Click Here To Invest Online HDFC Platinium Fixed Deposits 9.75 % p.a Click Here To Know More J P Associates Ltd 12.5 % p.a Click Here To Invest Online Click here to generate password online        Follow us on       Regards,  HDFC Securities Limited

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