#SHARE #MARKET #NEWS #TODAY ::
The markets witnessed buying from both FII and DII on 9th May that is yesterday. FII bought net of INR 225 Cr and DII bought net of INR 350 Cr. The market was in declining mode in last week and hence institutional investors did value buying yesterday. On the downside 7,500-7600 looks safe as of now. On the upside, the markets will need further triggers such as important bills in parliament, Monsoon progress and IIP, Inflation numbers in coming months. Corporate earnings will start improving from next quarter onwards. Hence it looks like market will gradually staring its long term bull rally from this point.