U.S. stocks on Tuesday fell for a second day after quarterly results and outlooks from luxury home builder Toll Brothers Inc. and coffee retailer Starbucks Corp. illustrated softening consumer spending.Asian market are trading now in lower range , and the fear could be spread to indian market also.2%-3% down in nifty could see in the morning itself.Some selective stocks are expected to recover today from the yesterdays low, such as bank and metal sectors.
There is a rumour that ,following china governments stimulous plan RBI also take steps to revise key rates.Some banks insists on a revision on reverse repo rates.Market is clueless today and very rangebound, so the day traders please move back.Have a nice trade day.
