Stock Tip of the Day

Markets are rallying on the back of opening of stock market to foreigners. This move will give a fillip to the falling rupee with more investments in the market. However, with domestic factors still being the same, this rally is expected to be short lived. As we have mentioned before that market is making a new range of 4600-4800. We will see profit booking start as the market approaches 4800 and the downward spiral will begin again.