|Market This Week
||Last week the international markets provided a good upward move due to some positive actions taken by ECB. Commenting on the European crisis, the European union is definitely taking firm measures to tackle the crisis. Our markets would surely react to this and we could see some good rallies this week. Sustainability is questionable. On the domestic front, there is no news from Delhi on the policy front. Also there are speculations regarding the RBI move on interest rates. So our domestic front looks weak. Any positive news with respect to these fronts would trigger short-term rallies in our market. Combining all these international and domestic events, the markets for this week look good. Nifty could rally to 5350-5400 levels. Nifty has no reason to come down drastically for now.