Today appears to be no different with lack of convincing cues from abroad. We expect another cautious to flat start, followed by the usual F&O expiry-related volatility.The winning ways appeared almost contagious for bulls at the start of the week, but the key indices have decided to take a pause amid a deluge of earnings. While the aggression of the bulls seems to be waning, it appears to be the season of aggression elsewhere.
Anil Ambani has again upped the ante in the long-standing and controversial gas supply row with his elder brother. The Opposition is crying foul against the recent Indo-Pak joint statement signed by the PM. ABG Shipyard has hiked the offer price for Great Offshore by 11%. Microsoft has stepped up its effort to take on the might of web search titan Google by finally tying up with Yahoo. Locally and globally, the markets haven’t traveled much after the recent spurt.
Today appears to be no different with lack of convincing cues from abroad.
Anil Ambani has again upped the ante in the long-standing and controversial gas supply row with his elder brother. The Opposition is crying foul against the recent Indo-Pak joint statement signed by the PM. ABG Shipyard has hiked the offer price for Great Offshore by 11%. Microsoft has stepped up its effort to take on the might of web search titan Google by finally tying up with Yahoo. Locally and globally, the markets haven’t traveled much after the recent spurt.
Today appears to be no different with lack of convincing cues from abroad.
