Indian markets staged a strong recovery Wednesday after a poor
performance in previous trade. Positive Asian markets boosted traders
Markets sentiments but volatility is not ruled out as April F&O series
expires today.

The US market closed in the red, while all other Asian markets are up.
According to the US Fed, Bank
of America would need additional capital and hence might convert TARP
funds into stock. On the domestic front, our expectation of a fall in
the market has come true. We believe that this is extremely healthy
for the markets. We expect buying to resume at 3300 levels and
recommend an aggressive entry into the market with a long-term view.
For the day we expect volatility because of expiry but advise buying
on the dips said Religare report

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