Pri-Market Commentary!

Today, we expect the indices to stage a rebound in the opening trades with positive cues coming in from the Asian markets. However, volatility will continue to reign on the bourses amid lower volumes. With budget provisions kicking in, the changes in the STT regime, could contribute towards lower trading turnover could. Stock specific action is expected to continue.

The Government has already announced steps to contain rising inflation. However, it remains to be seen, whether it will help in containing inflation.