would it recover faster

Proposed action for tomorrow's trade None
Today's action None

Famex 9469

News for today : 1 : Wall Street: Stocks are closing an abbreviated session mixed after some uneven economic data: news of a contraction in the nation's services sector and a tame reading on employment.

News for today : 2 : Portfolio Manager PN Vijay said that India has managed domestic inflation and the interest rate scenario fairly well. He believes that markets may bleed for some more time due to high inflation but should be out of the woods a lot faster.

Stock Barometer 3 volatile

Strategy for today : Hold to stocks

Quote for the day : """Behind every great fortune there is a crime.""
- Honore de Balzac"

a decent jump

Proposed action for tomorrow's trade	None
Today's action	None
Famex	9469
News for today : 1 :	Stocks gave up a brief rally Wednesday and resumed their sell-off after oil hit a new record and factory orders showed the weakest performance in three months in May.
News for today : 2 :	Prabhat Awasthi, Head-Equity Research India, Lehman Brothers, said today's rally was partly led by short covering and some buying from foreign institutional investors. There is no positive news on the macro-economic front, he said. "A number of headwinds still remain. There may not see a substantial rally unless crude and inflation cool off."
Stock Barometer	3 volatile
Strategy for today :	Hold to stocks
Quote for the day :	"A rich man is one with knowledge, happiness and his health." - Lonnie "Common" Lynn

can it go further down ?

Proposed action for tomorrow's trade	None
Today's action	None
Famex	9245
News for today : 1 :	Wall Street began the third quarter with an erratic session Tuesday as a mix of news made it clear the country is still deep in economic problems but may have some positive trends. Prices rose early in the session, fell sharply for much of the day and then recovered in late afternoon.
News for today : 2 :	According to Kapoor, chances of a complete reversal or sharp bounceback of 3,000-4,000 points looks difficult because the fundamental situation -- boiling oil, high inflation, rising current account and budgetary deficit -- are not all that great.
Stock Barometer	3 volatile
Strategy for today :	Hold to stocks
Quote for the day :	"A fool and his money are soon parted."