Money Tree

Today’s Tips

Yesterday the markets were positive in the first session but the volumes were low and in the last one hour the markets fell sharply with spurt in volumes. The rupee fell down to 5 months low. Dollors were being bought by custodian banks which signifies going out of dollor from the country. FIIs have been net sellers continuously for past few days. It seems that the markets may remain depressed for some time now. Try to take profits wherever they are coming and do not wait for major gains. Try to sell and buy back at lower levels.