The risk reward ration from the current level of market is very high, risk is probably 5-7% from here, with an expected return of 20-25% over the next 6-7 months.
Crude@69.3$.
Asia trading +ve, Dow recovers 270 points from day's low. US may consumer confidence hits 2yr high. Bernake urges banks to better manage currency holdings. $index @86.84
Base metals shines. Nifty may open +ve but european cues may provide guidance in the 2nd half.Tata Tea okays 10:1 stock split. India may ease ban of common rice export.
Grasim goes ex-cement from today.MSCI portfolio reshuffling today.
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