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23 Jul 2008

Is worst over in Indian stock market?

1. The current rally is being seen due to UPA winning the vote of confidence and to add fuel to fire were global reasons which are listed below:

(a) Cooling off of the crude prices.

(b) FII buying though domestic mutual funds are sellers at higher levels.

(c) Positive trend in global markets.


2. However do keep an eye on global trend to avoid being caught unaware.

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