US markets ended lower yesterday and the day was volatile. Asian markets are volatile with negative bias. I expect Indian markets to be volatile with about 200 points swing in either direction. Reliance Power listing on Monday is positive news for Indian markets. There may be efforts to push the sensex by operators to have a good listing for Reliance power.
I would not be taking any long term calls in this market as market is dancing to the tune of global markets right now. Watching is the best strategy than trading.
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