MARKET OUTLOOK

NIFITY had broken the trading pattern
on positiveness of BUDGET. But it
is still closes below 4930 and 4951,
so cautious view is advisable.
***
Neagatives are hike in Excise duty and MAT.
CRR hike by RBI. Q3 GDP growth only at 6%.
No rebate in Corporate Tax. Increase in
Price of Petroleum Product will suck Rs.26000 Crs.
from the Public.
***
So the picture is very much clear for the market.