Friday 8 July 2011

Friday 8 July

The market closed @ 5652 (down 76) sensex 18832 (down 245)

so for the week the market after just was up 0.4% from 5627 to 5652 (up 25) & sensex from 18762 to 18832 (up 70 points 0.37%).

Q1 result for HDFC was announced Net profit up 22% to 844cr and the share price fell by 2% from 730 to 715.
So what is the expectation for the other major results to be announced next week ??

So it would  be interesting to see what the analysts would say during the weekend (they have been  predicting 5900 - 6000 levels (sensex 20,000) after the positive moves the last two days .