Sensex may follow the global cues today


Thebullishtrends: Indian stocks markets may follow the global cues today. Union Budget 08-09 over and Derivative series for the March'08 is looks attractive. Uncertainty in Indian stock markets may continue as the global markets trend is weak and the US markets are in the bear grip. Budget proposals have not satisfied the corporate sector. Domestic markets are following the international marekts Federal Reserve Chairman has given the indications to further cut in interest rates. Rise in higher Crude oil prices are also one of the matter of concern as it already touched the price of USD 103 per barrel. So far the global cues are in weak and the Indian markets may follow the global cues today.

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