Friday, May 15, 2009

Market Commentary ...

Tension is rising. Suspense is soaring. The race is wide open. It still is anybody’s game. Well, one may be forgiven for thinking we are talking about IPL. The same scenario holds true for the political game. While the mystery over politics ends tomorrow, the winner of the T20 tussle will be decided on May 24. In the interim we would know who leads the country.


So where do we go as far as the stock market is concerned? Global cues are supportive, which may help boost sentiment at least at the start. But, given the murky outlook on politics, it would be wise not to get carried away by the global rally. Staying light will stand you in good stead. Sticking to stock specific action should be the order of the day.

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