Stock Market View For Today
Posted on March 31th, 2008 in Personal Finance) by Motilal Oswal Securities Ltd |
Today’s Market View : POSITIVE BIAS
Expect the markets to open marginally negative .
Nifty open interest PCR at 1.39.OIPCR of 1.39 shows comfort fixing up bottom than top. Cabinet to meet today on inflation . Government’s indication to announce fiscal and monetary measures to bring down inflation also positive for the markets
Commodities to be the best bet in an inflationary environment. Buy : Tata Steel , Sail, Sterlite and Hindalco