Monday, April 5, 2010

Pre Market Commentary

Today we expect a positive opening with markets in the US and Europe trading srtong.Asian markets though are mixed and relatively subdued. Hopefully, that shouldn’t deter the bulls here in India.In the event of a fresh fall, the Nifty may find support near 5250. One big challenge will be to sustain above 5300 amid growing concerns over stubbornly high inflation and an impending rate hike.

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