Friday, July 18, 2008

Pri Market Commentary ...

Today,we expect another firm opening and possibly a good end to the week. Inflation may have hit a 13-year high; but the pace has definitely slowed down. This could improve sentiment to some extent. Next trigger for the market would be the confidence vote in Parliament on July 22, which will dictate market direction. Though, global markets are showing encouraging signs, the world’s worries are not over as yet. Investors should refrain from picking up battered small cap stocks as plenty of opportunities are available in the large-cap space.


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