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Monday, March 10, 2008

Indian Stock Market may open on a weak note

US Markets closed on a weak note with Dow Jones down with 147 points and Nasdaq down with 8 points. Asian Stock Markets also opened on a weak note with almost 2 % down. Taking cues from the US stock market and the Asian stock market, Indian stock markets are also expected to open with a weak note and may continue the downward trend.
Investors are advised to not to invest at this juncture and hold on to cash. Let the market stabilise and wait for the right time to invest. Markets trend seems to be weal and it is expected that the market may go below 15000 level.
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