>Market Preview (Marwadi Financial)

# The Global equities are witnessing bounce from lower levels as there was a bit
of positive data on pending Home Sales in the US. However any recovery is
limited as worries continue on Economy & Businesses. Back home markets
are facing an unique and very sensitive issues like corporate governance and
compliance of accounting standard.


# We therefore recommend playing pure Domestic demand stories where
margin of safety is higher. We suggest buying on dips with strict stop loss of
2750 on Nifty and portfolio must be hedged with puts at these times.

To see full report: Market Preview 04-02-2009