MARKET OUTLOOK

After days of weakness, bulls will hope today is better. Predictions are thatReliance will beat expectations with RIL's bottomline expected to cross the $1bnmark. It may report Rs40bn gains from the sale of 4% stake in RPL. We see a muchimproved opening today. The markets will remain choppy during the day. USmarkets shed their gains and ended lower, and Asian markets, which gained around1-1.5% earlier, are again in the red. We advocated leaving the indices alone forsome time. Knowledge is power (we are not talking about Reliance Power) and thiscorrection should give you an opportunity to use knowledge to get intofundamentally strong counters, which are available at better rates.
Presented by

DISCLAIMER

The suggestions made herein are for information purposes and are not recommendations to any person to buy or sell any securities. The information is derived from various sources that are deemed to be reliable but its accuracy and completeness are not guaranteed.Our blog does not accept any liability for the use of this column. Readers of this column who buy or sell securities based on the information in this column are solely responsible for their actions. And we won't be liable or responsible for any legal or financial losses made by anyone .Any surfing and reading of the information available in this blog is the acceptance of this disclaimer.