11th February 2008, Indian Stock Market Forecasts

The Indian Stock Market will open extremely weak, rather in panic.

After first half an hour or so a lot of improvement in sentiment may be seen. Hence intra day recovery will be witnessed after initial steep fall.

The market will therefore remain very volatile.

Overall the market may remain under pressure. Nifty and Sensex may decline.

Despite recovery the market may still close in the red.