US has accepted the bad/harsh reality of unemployement crisis at present and the news was also not that good, still Dow Jones managed to close above 10600 after a long time, and this has signaled a good indication that some more +ve side is left for the world markets on the upside.
On the whole, all is looking bright for indian stock market as well, Nifty and Sensex are poised for a small bounce back, which could lead nifty to 5300+ levels on monday itself.
I am +ve on sugar,hotel and IT sector.
Saturday, January 9, 2010
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