The domestic markets begins the week with the WPI numbers for the month of September 2013; which came a little higher than the previous month. Moving ahead, the markets registered a positive bias and continued the progressive sentiments mainly underpinned by China’s strong GDP growth acceleration and the hopes that the US bond buying program will continue till 2014.
Techno- Funda Recommendation
Though the prevailing trend of broader index is up but keeping in mind volatile market condition, we are not initiating any fresh recommendation this week. For pending recommendations, we have updated all the relevant information.