Lower inflation nos to trigger mkt now: PN Vijay

Vijay said, “To put things in proper perspective, we have gone up about 14%-15% since the bottom we hit about a month or so ago. So we have come a long way and more and more pessimists are getting optimistic. So we have reached a water shed, almost all the bad news has got built into price domestic inflation, global recession etc. So we need something to move this forward. As the economy gets into ’08-’09 mode we would get pleasant inflation figures and that should set the stage for a long-term investors to make choice picks. So I am hoping that in May we should get about more than 4%-5% on the indices; a great time for churning portfolios.