Wednesday, June 24, 2009

Research Analyst NAMCO

Market would show dull activities in the coming days moving in a range because of uncertainty regarding federal excise duty (FED). Therefore, until a positive outcome arrives on the issue, investors' confidence may not restore. But if any positive news comes regarding the FED then index can show a closing of 7,500 points by end June. Investors are advised to invest in high value dividend yield and blue chip stocks. Solution of tax related issues would support the market. Market would be dull today (Thursday).

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