Best Investment Advice

pawankumar (investor) (109 Points)

07 May 2010  

Rajat Rajgarhia of Motilal Oswal Securities said the markets upside seems to be capped in the near-term. "We expect the markets to continue to trade rangebound."

The markets have been trading weak for the past six months on weak global cues. Yesterday, the Dow saw its biggest percentage loss since 1987 as investors sold-off on fears that the Europe crisis will hurt the recovery process.