"Central bank made a disclosure of US$1 bn foreign investment into equity shares & corporate debt within the next three months of 2011. Accordingly net foreign out flow of Rs.17.5bn will turnout to a net foreign inflow by end of this year. The market changed direction on Friday and is likely to gather momentum in the coming week for a strong upward movement. Technically the market is still in the oversold region and investors have ample opportunity to grab fundamentally strong shares at bargain prices."
Have a nice weekend for everyone......