– The markets will see some buying initially. Though demand will pick up slowly.
– Sector such as PSU’s, Petroleum, BFSI, Telecom, Infrastructure will be in the headlines.
– But sectors such as Information Technology, Oil, Large Scale will see much of selling pressure.
– After 11:00 AM, some selling pressure will be seen.
– Though this will oscillate, towards the 3:30 PM factor the Markets will see consolidation. Profit booking will be the key to exit.
– PSU’s will be in Red, some more like Telecom and Parmar will also give moderate returns.
[Disclaimer: The above readings are purely astrological. Readers are requested to consult their personal advisor and then take positions in the Market. Action based on the above readings will be purely at the reader’s risk]