8:00 AM UPDATE
Yesterday due to weak home sales data Dow closed in red. In addition consumer confidence released on Tuesday too was weak. These two crucial data might have created a fear among investors whether achieving 3.2 GDP would be possible. However, to my knowledge, positive GDP is possible due to manufacturing sectors contribution. IF at all, the projected numbers is not delivered, any positive number would be encouraging. Along with GDP data unemployment also would released. Already it was in 26 year low and any disappointing numbers would add fuel to the fire.

Today nekkei is trading in red and hang seng had nearly 400 points gap down opening. Nifty too might have a negative opening following the global markets. Lets see what happens!
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