Performance was what I expected at 49.18 trading within a narrow band with most of the time in the negative territory. There is no major upheavals as the investors are still waiting for any major good or bad news to give them the reason to trade. The biases towards negative territory was because of the unfavorable data, not crucial data and also companies’ performance.
I would expect companies’ performance to be the main driving forces these two weeks as investors combed for excuses to see how bad the recession is going to be.