Today markets were down, by 242 ponts in the bse at 25453 and nifty by 68 points at 7717 the gains gained earlier have been erased as their is a continuous selling in Bank Nifty, the Foreign Institutions have been selling at a continuous spell and this has led to less funds in the market. The Shah committee report on MAT did cheer the markets initially but was dragged down further by continuous selling. The International situation is bad, so markets have been at a low for a long time. A lot of waiting has to be done before entering the markets and selective trading has to be done. Cautious Trading and Investing is reccommended.
