Witnessing a see saw was all which was seen over the last week on the markets. The week saw a continuation of losses over the last week and fell more than 1000 points in almost 6 trading sessions. Global cues are weak with some coverings on the last day of the week helped to claim a bit of a recovery of the losses previously. The markets may have bounced a bit but still the economic uncertainty is hovering over the head making the investment decision a difficult rather a confusing proposition.
So what’s in store for the markets?
This is the question which most of us would be asking each other, but following each and every news that seem to come in may result to be dangerous. Certainly many stocks seem to be at lucrative levels to enter and accumulating some great fundamentally strong stocks can be one of the options. Starting Monday it is expected the market starts its headway in the Green and may witness another bounce back which could help in making up for 50% of the losses in the previous week. However though the markets may seem to be recovering for last session and expectations building for another green headway they are still not out of the woods. Its now to be seen how the unpredictable markets turn out this week.
Bell the Bull says: A positive opening and may be another good sessions for the markets could be in store on Monday.