>Market Insight (RELIGARE)

MARKET OUTLOOK

Dow closed in the negative but all Asian markets are positive. Our markets witnessed some sell-off yesterday in the latter part of the day on bad global cues. We continue to believe that the situation in the US remains serious and more downside to the markets from current levels cannot be ruled out. However, we believe that any downside form current levels should be used as an opportunity to build up a long-term portfolio. We expect some bounce back in the market today.

• Dow : Negative
• Asia: Positive
• Day’s view: Positive

To see full report: Market Outlook 04-03-2009