Today in morning post on Nifty Fut written that
if trades above 5892 & sustains then see rally up to 5908-5929.
Nifty future made high at 5934.90.
Now hurdle is at 5924-5938. Decisive crossover may take it to 5955-5965.
IOB Q4 net tanks 89% on higher provisions, shares drop 7%
state-owned Indian Overseas Bank (IOB). The fourth quarter net profit (January-March) year-on-year tanked nearly two-fold to Rs 59 crore.