Weekly Newsletter - Oct 24 2009

The winning ways appear to have come to a halt and we can only hope it is temporary. Even as the indices remain subdued the stock exchanges have been permitted to set their trading hours in the cash and derivatives segments between 9 am and 5 pm. We’ll wait and see what the final timings will be. A longer timing does not in anyways give you an opportunity to time the market. The coming week promises a lot of action with results pouring in from major companies coupled with the RBI’s monetary policy. Though the bias remains more on the positive side, one needs to exercise extreme caution in counters which have run ahead too fast.