Pri Market Commentary ...

Today,bulls may lack the steam but after yet another tumultuous week, they would fell better seeing some green ticks across most global markets. Sentiment could also shore up from the fact that FIIs were not big sellers in the cash segment on Friday and were in fact net buyers on the F&O side. For the market to reverse the current bearish trend and sustain better levels for a long period of time, the overseas investors have to resume their shopping spree. That may take a while to happen as macroeconomic fundamentals have turned weak over the past few months and may remain so for the near term.