HomeNewsBusinessMarketsMarket falls: Experts advice to adopt wait and watch policy

Market falls: Experts advice to adopt wait and watch policy

It's been a disappointing start to the trading week, high crude prices and domestic political uncertainty dragged the markets deep into the red. But hopes of a patch up between DMK and Congress helped erase some of the losses.

March 07, 2011 / 22:48 IST
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It's been a disappointing start to the trading week, high crude prices and domestic political uncertainty i.e. the deadlock between the Congress and DMK on seat sharing in the Tamil Nadu elections, dragged the markets deep into the red. But hopes of a patch up between DMK and Congress helped erase some of the losses.

The Nifty recovered over 60 points to close at 5,463, and the Sensex too bounced off its lows to close at 18,222, down 263 points. According to experts, one should adopt a
first published: Mar 7, 2011 05:36 pm

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