TODAYS VIEW

Markets may take a hit, if expectations not metExtending the rally to the 12th successive week, markets have closed for the week ended at nine-month highs. On the BSE, the Sensex jumped 738 points to 14,625 and the Nifty scored double century to end at 4,449. Excellent market breadth could be gauged by the strong out-performance of CNX Midcap and BSE Smallcap indices.Buoyed by FII buying numbers, participation by retail investors increased triggering surge in volumes. Better than expected Q4 GDP number and reform statements like oil-price deregulation provided fodder for the bulls. With international crude oil prices showing firm uptrend and surge in the bullion and commodity prices, analysts expect some barricades in the path of a speedy economic recovery.