Today, we expect a spillover of healthy cues from the global markets on Indian bourses at least for most part of the day. US market rallied on Friday. The dollar's biggest advance against the euro in almost eight years pushed crude oil prices lower to US$115/bbl mark. The bulls would certainly hope for some stability after a volatile week.
We expect the interest-rate sensitive stocks to lead the rally. Banking, realty and oil marketing companies are likely to be the beneficiaries following events over the weekend. However, in the near term much will depend on the outcome of IIP numbers on Tuesday and SEBI’s meeting to review FII regulations on Wednesday.
Stocks to watch out: ONGC, Aptech, Kotak Bank and L&T.
We expect the interest-rate sensitive stocks to lead the rally. Banking, realty and oil marketing companies are likely to be the beneficiaries following events over the weekend. However, in the near term much will depend on the outcome of IIP numbers on Tuesday and SEBI’s meeting to review FII regulations on Wednesday.
Stocks to watch out: ONGC, Aptech, Kotak Bank and L&T.
