The chairman of India's Satyam Computer Services Ltd. quit Wednesday after admitting the company's profits had been doctored for several years, shaking faith in the country's corporate giants as shares of the software services provider plunged nearly 80 percent.

Stock market volumes rose Tuesday as investors cautiously moved some cahs from bonds to stocks in search of higher returns. But with the future still unclear, and fears of the early 2009 gains being short-lived, there is still a substantial amount of cash in investors' portfolios.

Asian stocks hit a two-month high Monday on expectations of a global economic recovery taking place late 2009 as governments increase stimulus measures to aid ailing economies. As a result, investors are beginning to venture back into riskier assets. Experts tell CNBC to expect a rally late January/early February.