Head of Research Invest & Finance
Market seems to consolidate between 8,700 and 9,000 levels therefore investors are advised to accumulate for long term between these levels especially in oil exploration, fertiliser and power sectors. A 100bps reduction in interest rates would be positive for the market while a 50bps or below decline would negatively affect the investor confidence. Market would be rangebound today.
Friday, November 13, 2009
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