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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.