Market outlook for the day 19th Sept.

>> Thursday, September 18, 2008

We saw an excellent pull back in the Indian markets as well as in Asian markets yesterday.
US markets had seen an extremely choppy section after which they moved up 4 - 4.5% odd.
Dow ended 400 points + and Nasdaq ended 100 odd points +.
Japan has opened positive at 280 points plus.
We may expect a rally. Markets may open with a gap up opening of 350 odd points on SENSEX.
Moreover Inflation data which came out yesterday is at 12.14 V/S 12.10 last week.
Short term relief rally expected.

Happy Investing!!

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