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Saturday, January 05, 2008

Weekly Newsletter


After a wonderful start to the New year, the bulls may look at pocketing further gains. Depending to some extent on global cues, the mood is expected to be positive. Towards the end of the caution, extreme caution may set in especially on the eve of Infosys results.

The Auto expo may cause some action in auto stocks based on announcements. Side counters will see frenzied activity, with mega issues like Reliance Power and Future Group coupled with the fight for market cap among the Ambani brothers, expect strong movement in large caps too. With buzz of more stocks being added to F&O, the likely new contenders could also witness buying.