Friday, December 30, 2011

Morning Market View 30 Dec 2011


Fear of disappointing third quarter results seem to be weighing on the minds of investors. Yesterday despite reasonable cues from global markets, markets fell at the close of the November F&O series. Markets usually discount all possible negatives before and we can expect a bottom to be formed over the first two months of the New Year. Investors with a long term view should use this impending final capitulation to add quality stocks to their portfolio.

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