Improvement in Asian markets encouraged assurance in Indian equities on Friday. ICICI Bank, State Bank of India (SBI), Infosys, Reliance Communication, Housing Development Finance Corp. (HDFC) chaired the advancements.
BSE Sensex settled the week on a positive note at 15,138.40, up 152.70 points, whereas the broad-based NSE Nifty ended at 4,401.55, up 45.2 points.
Technical analyst, Vishwas Agarwal stated that presently the Indian markets are acting according to the worldwide market conditions. Traders are watchful due to recent volatility in the markets, he added.
Weakness in index heavy weight Reliance Industries (RIL) in last 5 trading sessions hassled markets last week.
Technical Analyst, Ashwani Gujral has suggested a positive support for 
a cut in interest rates on one-two year deposits to 8% from 8
Anil Manghnani of Modern Shares & Stock Brokers is of the view that above Rs 184, ITC can test Rs 201.
of Asit C Mehta is of the vision that DLF is looking sensible at this heigh
Rahul Mohindar of Viratechindia proposed that the investors should hold Ranbaxy Laboratories as it may have a good 7-8% upside.
