Two week back the market was at 15000 and now it is trading at 13500. What is it that has changed in this two week?
Yes, the budget is out and I feel that it is a decent budget. Though there was no drastic cuts in tax or huge incentive to exports but it does provide for domestic growth like Infrastructure spend, naukari yojna, etc to boost the domestic consumption.
So it brings back the same question that i had asked in my previous post. Was this all for a short term gain? Will the market fall further?
India Shrs End Near 2-Month Low - http://online.wsj.com/article/BT-CO-20090710-705015.html#articleTabs_comments
Friday, 10 July 2009
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment