Market volatility down to 1.61 per cent
Indian capital market has witnessed a marked improvement in price volatility conditions during the last seven months, when compared to the previous five-month period in the calendar 2000. This is mostly in line with trends in the other emerging Asian markets.

Fresh long positions best avoided
Sentiment showed a further improvement on Monday. With the undertone remaining firm and strong buying in many counters, the index managed to gain 73 points. Reliance Petro, Reliance, Satyam Comp, Zee Tele and MTNL were the major contributors.

Jordan Flaming relies on Reliance Petro to keep the fire burning
It was a motor rally at the bourses on Monday as auto stocks led the charge. The sector, which is an immediate indicator of the health of the economy, has never been a hot favourite with the market of late. And when they do manage to attract some attention, they tend to run out of fuel too soon.


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