Pri Market Commentary ...

Today, we see another tumultuous day for the bulls, which should begin with a cautious opening. The intra-day choppiness will continue and one may see some buying at lower levels, though the rebound may prove to be short-lived.The next big trigger will come from the first-quarter results, which will be declared over the next few days।

Reports state a few operators and even some promoters may be in trouble due to margin calls. As any rebound sets in you will hear news trickling in from all over regarding political adjustments, corporate developments and planetary movements. The sun has been refusing to shine on the bulls who now hope the new moon gives them a new lease of life.