Friday, August 26, 2011

Morning Market View 26th August 2011


Markets are poised at a very critical juncture. There are important GDP data and quantitative easing announcements due from the US Fed over the weekend. Though the trend remains down, we can expect a pullback rally if the announcements do give a positive surprise to the markets. Focus should be on leadership stocks deriving business from domestic markets having low leverage and a stable business outlook going forward.

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