1. Sensex closed well above the April closing. Thsi would be true even if 2000 point gain post election which is anamoly and not predicted is discounted.See Month of May chart (No intra day prediction for Indian markets will be posted today June 2)
On May 4 ,sensex closed at 12134 up 731 points. Cards indicate that market do well in the ongoing phase while a severe correction is due in the part of may ( corresponding to pre and post election results dates???) . However amidst volatility indices like sensex will move up thereafter. Overall net gain is possible even counting from yesterday closing but episodes of severe volatility being a distinct possibility. ON IPL predictions see www.ckal.in -- Posted By sujat kamal to WWW.KAL.IN : where Future is Present at 5/05/2009 08:17:00 AM
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