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Stock Market Quiet Day Ahead of RBI policy review

Stock markets have had trouble gaining momentum over the opening Pre Market is down again this morning disappointed because its 25 bps cut  to 6.5 per cent.

For Nifty tomorrow 7,597 will be lower support for the index.Watch if Nifty finds support at lower levels after a negative opening. That will happen only if global markets improve for any reason. In that case a range bound session will take place. If that support does not appear then a negative intraday trend is possible in Nifty and rest of the Indian markets.

Nifty Level Tomorrow 

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