Wednesday, November 2, 2011

MARKET TO OPEN IN RED, MAY CLOSE IN GREEN

Global cues may force weak opening in our markets. The under current is strong and the market is likely to recover and trade in positive by closing. There are still uncertainties about Greek bail out plans. That is the only negative as of now. The HSBC PMI for India is encouraging. FIIs are bullish on India and are net buyers in the last 3-4 sessions. Stay invested in quality stocks with proven track records.

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