| Date: |
02-06-2010 |
| Subject: |
Stocks set to begin on a flat note: Sharekhan |
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``Yesterday, the benchmark indices broke its four-day winning streak and ended session in red due to profit booking and heavy sell-off across the globe. The Asian markets were trading mixed as Wall Street`s losses weighed on overall sentiment. Better-than-expected readings on the US economy failed to cheer the main US indices. The bulls may find some relief this morning as the market gets off to a flat start. The India`s exports rose 36% to USD 16.9 billion and the imports surged 43% to USD 27.3 billion in April 2010. Auto numbers have been very encouraging in May,`` said the leading stock broking house, Sharekhan.
Source :- myiris.com
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