Monday, August 8, 2011

Morning Market View 8th August 2011


Market likely to open gap down again on the back of downgrade of US economy by S&P. in the near term a stock specific approach should be adopted by investors. Select stocks especially in the Pharma, FMCG and lifestyle space will continues to attract buying interest despite the overall weakness in the indices. Infrastructure and financial stocks may be bought only by long term investors.

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