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Wednesday, December 31, 2008

Sokhi Market Outlook for 31st December !





Markets which opened higher came down to 2900 levels and bounced back to close in green giving returns of nearly 2% yesterday . Sensex gained nearly 180 points yesterday

US markets closed in green with a gain of more than 2% , the gain is mainly due to news of GMAC getting the financing and also that US would take all necessary to steps to save the auto sector.

Majority of the Asian markets are on holiday , HANGSENG is up more than 1% and is trading in green following the big boss

Indian markets are expected to gain today with positive local and global cues. We advice members to concentrate on IT , reality and commodity stocks as they would be the front runners in the days to come. we expect markets to close in green today and end this year with a positive note . One can expect 10K in sensex very soon.

Finally we wish you all our members A WEALTHY, HEALTHY, HAPPY & PROSPEROUS NEW YEAR

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DISCLAIMER

All the advises,calls,tips and predictions are neither an offer nor a solicitation to purchase or sell securities.The information and views given by writer is believed to be reliable but no responsibility (liability) is accepted for error of facts and opinion.Writer may be trading in or having positions in stock markets.