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Market Outlook - Short Term

Market to rally from here (1) 12-May-08 12:47

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Posted by: Strategist-1 on ( 12-May-08 12:47 )

Today\\`s bad IP figuers were actually the expected data from FinMin, RBI. I think market to start rallying from here. Seing good upside upto NIFTY 5500 from here. From there on upside would be assured by FIIs inflow. I think market to smoothly go to 5500. However, The week ended 8th May inflation would be more around 7.85% as market was hugely corrected last week generating cash level high on account of market withdrawl. IOf market resumes uptrend today in last hour of trade then seeing momentum to remain upper this week. & would keep inflation pasue or little bit less upto 7.65% for week ended 16th may.

Market Outlook by Udayan

Expect mixed global cues today
If indeed the Nifty can circle around that 4,000 kind of levels till we get...

Udayan Mukherjee, Stocks Editor, TV18

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