Pri-Market Commentary!

Today, as on international clues view Cautious and market may open down about
1.5 to 2.5% down. As on Budget volatility expected. Expect cut in indirect tax, good for manufacturing companys.

Most observers expect a populist budget with no big negative surprises. Still, one will have to wait and watch, as volatility will be at its peak. A dismal show by the US markets overnight and a lower opening in the major Asian indices will just spoil the show for the traders today. So far, this week, Sensex have managed to come
out victorious, with so many local and international events, by advancing
around 500 points. Will it be able to continue this form remains to be
seen?