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8 Oct 2007

EVENTS WHICH CAN FURTHER FUEL INDIAN MARKET

1. The market may get further fuelled due to following events as listed below:

(a)Good Infosys numbers on 11 Oct.
(b)Reliance stock split
(c)Reliance power IPO placement.
(d)US govt Fed cut in Jan,08.
(e)Non tightening of CRR by RBI governor.


2. Market is at historic height but do not forget basic financial discipline like placing stop loss.

3. I am always cautious at high peaks as markets which rise fast also falls fast.

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