Best new year opening for Sensex in 4 years

Sensex

January itself may set the tone for the year as the result season for the third quarter of the financial year 2012-13 will kick start with Infosys results on January 11, 2013 and then there are expectations for a rate cut from the Reserve Bank of India this month.

Marker experts say that a rate cut will raise the expectations of the pick up in the economic activity, including corporate investments. And with confidence coming back the interest rate sensitive, capex-driven and growth sectors such as power, auto and banks will make a comeback in the near to medium term.

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