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  News Details
Good News
Bhagwati Auto Reports Good Results
No. of Trading Holidays comes down to 11
Gems and Jewellery Exports Rise 55%
Citibank Repays USD 20 bn to US Govt
November Core Sectors Growth Impressive
Bad News
Nifty May at Discount
3G Bids will Hurt Telcos
Political Instability is a worry
Inflation may Cross double digits by March
FII Investment in December may not cross October figure
  Asian, Local Markets Rise

The Asian markets opened strong following the rally in US Stocks which in turn rose because of the Fed Reserve Chairman’s positive statement that the US Banks would survive without being nationalized. The Sensex and Nifty are strong as we write this. One just hopes the rally sustains. In our opinion the rally can be short lived only.