Weekly Newsletter - March 15 2009

The bulls can have a relaxed weekend and hope their dream run continues for some time. Stocks may have skyrocketed in two days but not many would have made money or seen their portfolios inflate. Inflation and IIP data aside, the Indian market just seems to be riding the global wave, which thankfully has brought cheer to battered bulls.

The headwinds remain in place and it won’t take long for the mood to change from good to bad and then from bad to worse. How we wish we are wrong! Hate to sound so pessimistic at the end of a short and sweet happy week. But then we need to remind you, short spurts coinciding with some positive news keeps happening in a bear market. For no Grin and Bear it.