Stock Market Today by Shailesh Saraf - Nifty might see sell off as BMI raises Saudi Oil output forecast

Nifty might see a selling pressure as Saudi Arabia’s Oil Output forecasts raised by BMI as Doha Deal Fails. As the Crude weakens below 42.58, we might see sharp selloff in Nifty today. Against the backdrop of a mixed trend in fellow Asian equities, the NSE Nifty is likely to witness a mild gap down opening on Tuesday.

Submitted April 26, 2016 at 05:25AM by ShaileshSaraf http://ift.tt/1TudRK4