Like in the stock market, the favourites don’t always win the races. Record breaking sci-fi flick Avatar lost out to The Hurt Locker at the Academy Awards, which was a low-grosser. In another first, a woman won the Best Director Oscar, which coincided with the Women’s Day. In contrast, the long-pending Woman’s Reservation Bill received another setback back home as the famous Yadavs resorted to vandalism in Parliament.
Coming to the market, today we expect ‘The Weary Kind’ at start as it is expected to be subdued due to indecisive global cues. Most Asian shares are flat this morning after a mixed performance overnight on Wall Street. European stocks too finished nearly unchanged. We see the key indices being on ‘The Blind Side’ and listless today amid lack of fresh catalysts. Stock centric action will persist though with some stocks seeing ‘Up’ movement. Small-cap and Mid-cap shares might continue to remain ‘The New Tenants’ on street but do your due diligence before putting you ‘Precious’ money into this space.
