Indian stock market morning report by (October 21, 2008)

October 21, 2008

Following the strong overnight close of the US markets, the Asian markets have followed suit this morning. The market??™s reaction to the repo rate cut by RBI is largely positive. However, the prime minister has warned of slower economic growth during the current year. We believe stocks have been oversold over the last week in particular, and the relief rally seen yesterday may continue in the early part of the session today.

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http://www.stockmarketsreview.com/news/indian_stock_market_morning_report_keynote_capitals_20081021/

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