Already said buy from 3650 levels no sell NOW see what happens today.....
Three Good News and One Bad News
After US , We're Estimated a Major Problem in UK Too , in SUB-PRIME Related Issues.
Our Sources, Expecting that Conditions May WORSEN , Larger than USA , here in UK
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Rate cut in Global to expexcted soon
HOT PICK - Era Infra have bagged contracts worth Rs 915 cr from various parties during Q2FY2008-09.
Watch out buy call on BPCL,HIND PETRO,STATE BANK OF INDIA,PSU BANKS TOO
The Reserve Bank of India reduced its so-called cash reserve ratio to 8.5 percent from 9 percent effective Oct. 11. This is a surprise move as the central bank has mulled such a move for the first time in 5 years. This measure is likely to bring more liquidity in to the markets, approximately 20,000 in to the financial system.
In a separate development SEBI lifted curbs on overseas investors imposed last year which required them to register in India before buying shares. The Sensex has lost more than 42 percent so far this year and this has prompted the regulatory agency to make this move