Today, we expect the market to open on a cautious note, with a mixed close on Wall Street and a similar trend in Asian markets this morning. Plus, we have to consider that the US markets will be shut tomorrow on account of Thanksgiving; the next day usually referred to as Black Friday in US will see trading for around half a day.
We will have the F&O expiry tomorrow. While the Citigroup's massive bailout coupled with the latest US government measures to revive lending may have provided some relief to global equities, investors remain jittery. As a result, one should not read too much into any short-term spurt.
We will have the F&O expiry tomorrow. While the Citigroup's massive bailout coupled with the latest US government measures to revive lending may have provided some relief to global equities, investors remain jittery. As a result, one should not read too much into any short-term spurt.
