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Sunday, March 22, 2009

Weekly Newsletter - March 22 2009


Alls well that remains well. The signs dont seem to be very encouraging for the time being. The comforting factor is they are not so bad either. From an atmosphere of panic and shock, markets around the world are turning less erratic. But investors remain reluctant to bet their money as yet.

Besides the global cues, our market also has to reconcile with the F&O expiry next week. Not much choppiness is expected this time though. Among other news, Monday will see the official launch of the peoples car Nano in Mumbai. It may not cause much impact on the Tata Motors' stock for now but it sure will create a lasting impact on the auto industry for years to come. We may just get back to Monday Morning blues unless bright sunshine comes our way from the global markets.