Tuesday, July 7, 2009

Interim Budget and it's impact on our markets.

Nothing on the fuel policy, foreign direct investment, and disinvestment roadmap, fiscal deficit is seen at 6.8% versus 6.2% in the interim budget .... I don't know how our Honourable Finance Minister is expecting GDP at 9% ?????????
And share market reacted on this news, it was expected but the reaction was little more than expectation. We are expecting sideways movement till the further news come in, global clues are also showing bearish trend .

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