Stock market: Nifty may cross 20,000 mark this week
Stock market: Nifty may cross 20,000 mark thi week Price band : RS.156- 164 per equity share posted by; NILESH WAGHELA Mumbai: Macroeconomic dats like India, US inflation, crude prices, trading activities of FII and other global factors will determine D-St dynamics next week Indian equity market logged its best week in the last two months, with the Nifty 50 and the Sensex rising 1.98 percent and 2.64 percent at the close on September 8. The Nifty 50 managed to close beyond the crucial 19,800 mark at 19,819.95, while Sensex closed at 66,598.91. Going ahead, as August inflation numbers trickle in, it is important to monitor if the market momentum can sustain. Among sectoral indices, metal, realty and media led gains in the week gone by. Broader markets also continued their rally, with the Nifty Midcap 100 index gaining more than the Nifty even as the advance decline ratio stayed high at 1.15:1. The Nifty Midcap and Smallcap indices have now posted substantial gains for the third consecut...