market updates

Today domestic markets have with a huge positive gap of over 500 points along with the majority of Asian which opened with phenomenal gains on the back of positive cues from US markets and the long weekend previously for the Indian market. The market was closed on las week on Thursday(elections) and Friday(May day).

However, political uncertainty, with polling for India's 15th Lok Sabha underway, say see some volatility in the market for a couple of weeks. Increasing oil prices also pulled along with it the energy shares prices and fresh economic data suggested that the key parts of the economy could be stabilizing. For traders this is a very good time to exit many stocks and may re-enter after a a couple of days. For investors, the first bull rally is not the right time to re-enter the market.

It is a good opportunity to exit shares like DLF which announced last friday that its profits decreased 93% from the last year. DLF updates

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