Good evening all this being a festive occassion I wish you all a Happy Gowri Ganesha festival. Today Markets went up the sensex by 258 points touching 25964 and the Nifty by 70 points touching 7899. The Markets are up because today ie late in the evening the FED rate will be announced. the expectations are a the fed rates not rising and it will be the same. The Markets are also betting on a rate cut by RBI on September 29th meet.
The Bank and Pharma stocks surged midcaps were down today the markets are reacting to everyday news without a solid base. Funds have deserted the market it is the domestic funds that are supporting the market. Take care and book profits periodically HAPPY INVESTING AND TRADING
