Markets to still remain volatile

Published on Wed, Dec 20, 2006 at 09:40 |  Source : Moneycontrol.com

Updated at Wed, Dec 20, 2006 at 12:48  

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Udayan Mukherjee, Stocks Editor, CNBC-TV18

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It will be a big morning for the market today - A big fall yesterday, there has been quite a recovery across Asian markets, even Thai market is up 9% this morning; 26 new stocks and quite a few important stocks have got into the Futures & Options market today.

Sobha Developers will be listing today. So we have Sobha Developers, Future & Options, Thai markets and of course our market fall to deal with this morning. This is going to be a cracker of a session. One should expect some volatility and maybe a bit of green on the screen as well. 

It will be a big morning for the market today - A big fall yesterday, wider to recovery across Asian markets, even Thai market is up 9% this morning; 26 new stocks and quite a few important stocks have got into the Futures & Options market today.

Sobha Developers will be listing today. So we have Sobha Developers, Future & Options, Thai markets and of course our market fall to deal with this morning. This is going to be a cracker of a session. One should expect some volatility and maybe a bit of green on the screen as well. 

The Thai market is strong; maybe there is a hope for us. We had a bad fall yesterday and this morning, things look okay. I think people will be excited. There are lots of exciting new stocks in F&O and that is the heart of the trading market.

The Asian markets are far more stable. So that atleast should give a little bit of fillip in the morning. Of course, there is a big listing and real estate has been quite subdued for the last couple of sessions. So maybe that segment also livens up a bit. It will still remain volatile, after such a big crack, things are never easy but we can hope to see a bit of green on the screen because we have got a bit oversold yesterday because of the Thai market.   

Contd on Pg 2.... 

  

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