Heyloooooooooo!!!!!!!!!!
Well, the outlook for the market looks quite rosy today, what with the Left softening its stance over the Nuclear deal and solid earnings from Goldman and Wal Mart helping the Dow rise over 2% yesterday. Add to it the fall in the oil prices on the back of increased production and it seems we are back to seeing the bull run of days gone by.
However, market sentiments still remain highly volatile; 1 bad piece of news and we'll be back to where we were 2 days back: facing major corrections! Long-term investors need not fear while those invested for the short-term (with not much of an appetite for risk) would do well to take thier profits and exit the market. Sectors that are expected to do well remain infra and power. Expect a strong rally in the Reliance sector as well.. IT stocks may also benefit from the positive market outlook!
Well, got a hell lot of work to cover. I'll be out of town till the beginning of next week, beginning tomorrow.. So I don't think I'll be able to make as many posts with as much frequency as I've been so far, beginning tomorrow! Lots of (new) beginnings, I can see! Wish you good luck with all your profits and investments!
N as a sweet friend of mine just reminded me, Happy Children's Day! ;-)
1 comment:
hhmm...better!!! ;))
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