BSE Morning update

I am off today hence I am making this post early today.

Morning update:

BSE is racing ahead. If you look at MM for last few weeks, we have been in green zone and this is confirmed by the 15% rally in BSE. MM has been really usefull and it has helped me to stay in market even though many high flying analyst from Bombay have been very bearish about this rally. What is good about the recent rally is that is slow and steady unlike last year. Most of the stocks are holding gains. Also global cues that worst about credit crisis might be over is helping.

Last few weeks Banking, reality and tachnology stocks have made some healthy gain. For someone wiliing to invest in technolog stock, you can invest on some pullback. Most of these companies had good earnings. Banking stocks like ICICI, HDFC, BOI and SBI are doing good. So keep an eye for some pull back.