InvestorQ : Can I have your stock market trading view for 02 Jun, Tuesday? Will the Nifty rally halt in June?
vidhya Laxmi made post

Can I have your stock market trading view for 02 Jun, Tuesday? Will the Nifty rally halt in June?

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diksha shah answered.
2 weeks ago
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After the 6.5% rally in May, the markets can be forgiven for starting off on a dull note in June. On Tuesday, it was the oil stocks that were in focus with ONGC among the surprising gainers. With crude close to $70/bbl, you can expect most of the oil and gas stocks to perform exceedingly well in the coming months.

It looks like the Credit Suisse negative report on metals is having an oversized impact. Metals continue to see pressure on Tuesday with Tata Steel and JSW Steel among key losers on the Nifty. Clearly, the global concern over metal prices has forced a lot of institutional investors to go light on metal stocks.

FPIs were net sellers of Rs.450 crore on Tuesday even as domestic institutions bought equities worth Rs.231 crore. FPIs ended May with mild positive flows in the equity segment. In terms of global cues, Europe appear to be strong after the ECB dovishness. SGX Nifty is flat in early trades, but is expected to take support at slightly lower levels.

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MRITUNJAY KUMAR answered.
2 weeks ago
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Yes, it will be.
Or focus on some delivery stock also such as... Adani power, ufo movies , vguard etc

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