It’s one of the longest breaks the Indian markets have taken in recent years. Hope you are recharged for a choppy week ahead. After a bad start last week, the bulls recovered smartly to post moderate gains in the next couple of days. The extended weekend came as a welcome break for the bulls who had been reeling under the bear onslaught since the second week of January. What should come as further relief is that the US market managed to rebound on Thursday after suffering heavily the previous day. This augers well for the bulls at least this morning.
For the day, we expect a positive start but trading will turn choppy ahead of Thursday's F&O expiry.
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