Dear Members,
The reason for Sensex for moving upside is Ruppee Appreciation which has really driven the FFI's attention into Indian Stock Markets. The other factors are Govt policies towards financial sector n Realty sector.
However, the current rise will last for 10-15 days i.e till mid January. We will witness a correction of atleast 300-400 pts on Nifty within January end.
Satyam has again witnessed a good buying pressure by FFI's. 1's the FFI's exit, we will again see Satyam at 120-130 levels soon. I still stick to my call of being neutral in this counter.