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One should stick to only quality midcap stocks to ride the next upward move

One should stick to only quality midcap stocks to ride the next upward moveEquity benchmarks witnessed profit booking during the previous week ahead of state election verdict, as it closed lower by almost 1.5 percent during the previous week on the back of weak global cues. Broader markets also witnessed selling pressure as the Nifty Midcap and small-cap indices closed lower by 2.6 percent and 2.7 percent respectively.

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The market may move upward this week on strong global clues

The market may move upward this week on strong global cluesMonetary policy meet of Reserve Bank of India and G-20 Summit outcome will drive the market sentiment in the coming week. According to experts, the last three week's consolidation due to strong global clues has made the market healthy and has formed a base for the extension of the up move towards our embarked target of 11100 points.

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