Tuesday, March 24, 2009

US markets rally

the S&P500 rose 7 percent, reacting to a new bank rescue plan.

http://www.ft.com/cms/s/0/7e0a2e32-17a7-11de-8c9d-0000779fd2ac.html

Back home, the Nifty has already rallied significantly in the last 10 days. There is significant resistance at the 3000 level. It will be interesting to see if it holds.

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