Thursday, April 24, 2008

Pri-Market Commentary!

Today, we see the market opening higher again, on the back of a positive trend in the Asian markets and overnight gains in US market. Having said that, we would still advise traders to remain on guard for any unexpected correction.

The F&O expiry will result in wild intra-day swings. The other worrying aspect is the rising interest rates and possibility of some more tightening by the RBI at its meeting later in the month.

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