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GLOBAL MARKETS UPDATE

Indian Markets closed in green with auto sales and ahead of RBI policy meet tomorrow
Nikkei closed in red remaining Asian markets closed in green
European markets trading in green and US-Stock Index Futures Up as Portugal Announcement Bailout.
Tomorrow Indian markets seems to open higher up to RBI policy announcement.
If key rates unchanged or hike market will go down let's c how market will react to RBI policy.
short term trend is down. Due to higher inflation RBI may hike rates this is my personal opinion.
If it is happen bear party will on up to 7450/6950 in near term ..There was 1000 points correction seen August last year. 

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