Pri Market Commentry ..

Today,the market may get jitters due to the emerging political situation, which doesn't seem to favour the ruling coalition. There are fears that following the recent electoral setbacks, the Congress-led regime may unveil more populist measures. On the flip side, there is a school of though which reckons that a BJP-led government (if it wins next year's general elections) will actually be good for the markets.

The trend over the next few days will be choppy as market players brace for Thursday's F&O expiry and Friday's GDP numbers. Of course, weekly inflation will continue to cast its gloomy shadow on the market. What's more, things on inflation front could get worse as and when the Government announces the impending hike in retail fuel prices. This won’t happen till Friday at least.