Market is still Uncertain but Look Positive Ahead.It has Cross one level of investment near Nifty 4153.Now market is ready for Another Move.
U.S. stocks climbed for a fifth day on speculation the Federal Reserve's actions to stem a liquidity crisis will lead to a pickup in takeovers.
MGM Mirage, the world's second-largest casino company, posted its biggest gain in three months after Dubai agreed to buy a stake in the company. Nymex Holdings Inc. climbed after its chairman said the world's largest energy exchange may be bought.
Global market are Bullish. Indian market also try to catch next level toward 4200+.
Stock For Investment :
Investors should be ready to buy infrastructure and telecom stocks on a further downside. He said he expected an eventual fall in the dollar versus the rupee to affect margins of IT companies though volumes will remain strong.
“Market valuations are not expensive any more. It’s time to get into secular high growth stocks and get out of low quality stocks,” .
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