Markets on friday ended up with a high note with a gain of more than 200 points in Sensex , Reality sector was the star for the day where many stocks which lost more than 95% since Jan 08 gained nearly 20-40% in a single day.
US markets closed in green as government is in the final stage of announcing / implementing the baliout / stimulus packages. The government is likely to take procedural vote on the Senate’s $780 billion measure tomorrow, with a final vote to take place the next day. US markets up more than 2.5% on friday
Asian markets are trading in green round the board with a gain of 1-1.5% accross the board.
Indian markets are expected to open higher with a gap up and may consolidate from that levels . Airlines, Reality & Metals stocks are expected to shine in todays trade . As the markets are expected to open gap up we see there nothing much for the traders , we would advice members to short the stocks which open with huge gap up. Over all we expect a green day on Indian markets.
No comments:
Post a Comment