Though quarter 1 results have not been very encouraging so far, yet the fresh round of relief packages to save Greece and several other Western Economies is likely to result in robust inflows for the emerging economies. These inflows will prevent any major downside from the current. Also stock specific interest is likely to continue going strong. Moreover any major policy decisions by our government and any hint of easing of inflation could push the markets beyond the trading range. Hence stay invested and be more stock specific in your approach.
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