DSIJ Mindshare

Indian indices ended the week on a positive note for the first time after three consecutive weeks. The BSE Midcaps and Smallcap index managed to beat the Sensex, which can be considered as a major positive cue of the markets, going forward.

The inflow of foreign investor funds is crucial for the growth of the Indian equity market. India is one of the most coveted investment destination for Foreign Institutional Investors (FIIs).

Friday’s afternoon session witnessed a drop in most sugar stocks after Thursday’s rally.

The stocks to watch out for on July 1 include Sadbhav Infrastructure, DHFL, KPTL, Reliance Nippon and PNC Infratech.

The stock of PVR Ltd has formed a piercing line candlestick pattern on the weekly scale. The piercing line candlestick pattern is considered to be a bullish reversal pattern and usually occurs at the bottom of a downtrend.