Indian Market Outlook: Markets registered strong gains after Arun Jaitley presented the Union Budget 2017-18. The major focus was on infrastructure development, increasing investment on rural areas. Benchmark Index Nifty was up by 1.81 percent, closed at 8716 after making high of 8722.
Bank Nifty Index jumped by 2.59 percent and closed at 20021 after making a high of 20048. In F&O segment Glenmark Pharma and Marico will announce its Q3 results today. Nifty Future is opening at 8710 as per SGX Nifty at 8:50 am IST, almost 28 points down its previous close of 8738. Investment Advisory Company BUY IOC 370 CALL ABOVE 12.00 Target1- 12.50 Target2- 13.10 StopLoss- 11.10.
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March 2018
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