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Global impact

Buying in selected counters kept the markets away from more lows

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The movements on the global front were mainly seen impacting the Indian markets in the last week. But buying in selected counters kept the markets away from more lows. Going forward, we can expect continuation of the uptrend in Nifty with support at 8455 and 8390.

During the period of April-May 2015, the foreign direct investment in the service sector fell 15 per cent. According to data available from Department of Industrial Policy and Promotion (DIPP), the FDI stood at $488 million.

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