Capital Paramount Opening Bell

The Indian markets continued their southward journey on sluggish global cues and lacking any support from the domestic front on Wednesday. Today, the start is likely to be in red and more down side can be expected on weak global cues. Though, some recovery too can be expected in latter part of the trade after three consecutive days of fall and some short covering at lower levels can be seen. There will be some support to the markets with Finance Minister P Chidambaram’s statement that people should expect more reforms in the second half of the year.

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