IBNLive.com: Breaking news from India

OPTIMISTIC ON COMMODITY SPACE: A lot of commodity stocks are seeing reasonable valuations according to DSP.

OPTIMISTIC ON COMMODITY SPACE: A lot of commodity stocks are seeing reasonable valuations according to DSP.

Mkts seeing sector specific turnaround: DSP BlackRock MF

Anup Maheshwari of DSP BlackRock Mutual Fund, believes markets are beginning to see pockets of performance. On the auto sector, he said monthly sales numbers are driving the sector. According to him, pure buy or hold strategy may not be very effective for autos now. He is turning optimistic on commodity space as lot of commodity stocks are seeing reasonable valuations.

SOME HOPE: After the low closing on Tuesday, the opening in green on Wednesday is some ray of hope for traders.

Indian markets open in the green

US markets closed on high after Fed Reserve Chairman Bernanke's promise.

http://www.ibnlive.com/news/indian-markets-open-in-the-green/86225-7.html

About Us | Disclaimer | Careers @ IBN | RSS | Podcast | Contact Us | Feedback | Advertise With Us

© 2008 IBNLive.com India. All Rights Reserved. A Web18 Venture