Gap Down near 2 % is expected - Globally also weak ..

Indian market will open 1 to 2 % gap down
Because in Friday evening The Reserve Bank of India (RBI)
has raised the reverse repo and repo rates by a quarter per cent.

RBI's 2-page press note on Friday evening announcing the rate hike Controlling inflation for this Steps

Last trading session US Market closed in Negative zone
That's Asian market open today in near 1 % negative


For Indian market - one Globally weak sentiment and second Rate Hike By RBI . Gap Down near 2 % is expected but some recovery will expected before closed