Saturday, December 6, 2008
Rate cuts
The RBI came but late, announced 100 bps in repo and reverse repo rate cuts to increase cheaper available loans to increase the conption loan there by improve the productivity.
Friday, October 31, 2008
ENJOY THE BULL MOVE
The markets are likely to get the global cues support as the US markets continue to surge upwards. The yesterday holiday effect will make us to open with a positive gap up above 2745-50 level and may touch 2820 level. The bottom support at 2680 level shall not be breached.
The Relcap above 650 and ICICI bank above 358 will see a rally for 6-8 %.
The Relcap above 650 and ICICI bank above 358 will see a rally for 6-8 %.
Thursday, October 30, 2008
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