As the markets wait with bated breath for the new trading session to open today, it is expected that the blue chips stocks will lead the recovery this week as the markets rebound back from a low.
Analysts expect that the markets are close to the bottom and can go only upwards during the week.
They also predict that a significant reduction in the outstanding positions of brokers, sustained FII purchases and a pull back by the Nasdaq, which has recently influenced the local bourses, will result in the upward movement of the BSE sensex. An analysis, including impact on Indian operations. The way in which pharmacies have been doing business in India is set to change, says Ananth Iyer . New players are entering the marketplace and older players are having to adapt. Click here Indian Rayon pockets Madura Garments A V Birla group's Indian Rayon has bagged the apparels division of Madura Coats in a Rs 236.23 crore deal.