Disappointment from Reliance results and the quantum and price of their buy back offer is likely to result in a gap down opening for Reliance. This in turn could put pressure on the markets as a whole. Important results from companies like Maruti will come out today. These results are likely to have a major impact on determining the short term trend in the markets. So stay invested and hold on to your long positions but be cautious and lookout for triggers from the quarterly results.
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