September 2, 2007

Bias changes to positive

After a smart rally last week, the markets may consolidate this week ahead of a likely fresh upmove. Last week, the Sensex surged over 6 per cent (894 points) to 15,318. In a matter of less than two weeks, the index has gained over 1,500 points.

However, on a monthly basis, the Sensex ended lower by 232 points after five consecutive positive months.

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