Pri-Market Commentary!

Today, we expect a cautious opening and another choppy day with stock specific movement. Don't plunge in till some stability is seen as we expect the markets to face resistance at every rise.

Even the traded volumes continued to be sluggish with few market players staying away. Much will depend on the quarterly earnings which will kick off from second week of April. If the results fail to match up to street expectations, we may see more downside in the near term.