Tuesday, May 6, 2008

Pri-Market Commentary!

We expect the market to open in the red owing to some softening across the globe. Thereafter things will be rangebound and sideways due to lack of triggers.

Investors may cash out at every as there are still several concerns, like the health of the US economy, high commodity prices, rising local inflation, and moderation in economic growth as well as earnings expansion. One should adopt a stock centric approach and refrain from aggressive purchases.

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