Today,we expect the Indian market to remain choppy. Inflation for the week ended September 13th has remained unchanged at 12.14%, giving the RBI room to keep borrowings cost unchanged. Most global markets are depicting a rosy picture (barring Asian markets). A sustained rally is unlikely till there is a significant improvement in local and global factors. Much will depend on the US government's $700bn rescue plan for the financial sector and announcement of quarterly results.
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