Wednesday, February 11, 2009

>Daily Market Preview (MARWADI FINANCIAL)

* The much awaited bailout package fell flat on the Wall Street as it fell below
expectation. While huge built-up was experienced during the past two to
three weeks in anticipation of the comprehensive economic plan, investors
unwounded their positions as it was relatively inadequate.

* We expect Indian market to trade weak in the morning session. However
built-up for interim budget can support the market. We advice investors to
remain cautious on all risky assets including equities during uncertain and
tough economic conditions .

To see full report: Market Preview 11-02-2009

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