Friday, October 28, 2011

Indian stock market expected outlook



Indian stock market expected outlook

>The current uptrend in stock market shows some strength coming back

>Still the valuations are attractive in certain areas

>Investors may adopt stock specific approach rather than looking market as a whole

>Interest rate hike by RBI (Reserve bank of India) appears for a pause, some bargain hunting may be made on selected PSU banks and financials

>Infra and capital goods stocks also find attractive at current levels 

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