NIFTY OUTLOOK FOR 5TH JULY 2012
TREND - BEARISH
BANK NIFTY FUTURES
Meeting of the ECB's view on the market: Andrew Holland
European Central Bank (ECB) will be meeting today. The eye of the market rests on the meeting of the ECB. Some positive news comes out of the meeting, it would be better for worldwide markets. Anbit Capital 's CEO, Andrew Holland , said today at a meeting of the ECB cut interest rates 50 basis points is expected. Reduction in interest rates is the fast response can be seen in the markets. The foreign markets on the strength of good signals can be reached at Nifty 5600-5700 levels.