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Friday, January 11, 2008

Market Likely To Open Flat On Back Of Mixed Cues From Global Peers - Indian Commentary []

Market Likely To Open Flat On Back Of Mixed Cues From Global Peers - Indian Commentary []
Thursday, the Indian market is likely to open flat on the back of mixed cues from global peers. The U.S. stocks rebounded Wednesday on bargain hunting in financial and technology stocks. The major Asian markets are trading mixed on Thursday. Crude oil prices have eased after gasoline stocks rose, making up for a decline in crude oil inventories.

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Any views/ forecasts/ suggestions, though proferred with the best of intentions, are based on our reading of the market at the time of writing. They are subject to change without notice.Though the information sources are believed to be reliable, the information is not guaranteed for accuracy. Those acting in the market on the basis of these are themselves responsibly for any profits or losses that might occur, without recourse to us. World financial markets, and especially the Foreign Exchange markets, are inherently risky and it is assumed that those who trade these markets are fully aware of the risk of real loss involved.