Pri Market Comentary ...

Today,we expect the indices to open on a subdued note with lack of direction from the global markets. Over the last four trading sessions, the benchmark Sensex has lost nearly 1500 points. Indices could therefore attempt a pullback from lower levels.However, investors should not get lured by such bounce backs as we expect indices to slide further before expiry. Amid such uncertainty, we would advise investors to stay away from the market and wait for the outcome of the Fed meet.