Saturday, August 2, 2008
Mkts to stay choppy; global cues unsupportive
Inflation numbers were out. Sadly, the global cues are not great last week. The Nifty has been trying to move up a little bit and has been attempting small up moves taking some support around those 4,200-4,300 levels. After the initial dent this morning, it may move back once again though the cues are not very supportive. The markets have taken the monetary policy in its stiride. The markets will remain choppy for coming week and can attempt for a small bull run.
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