The "Big Win" & political compulsions….

The economically and politically strong Big Brother US, determined efforts by Bush and the administration could make it possible to see that the NSG approve the waiver to India. The historic day closed the decades of nuclear isolation and opened new doors for both energy security and the business opportunity. The countries like New Zealand, Austria, Norway Ireland and our neighbor China made the Indian officials run pillar to post to convince them who expressed serious reservations for such a waiver. Our well know deal maker and cracker, the External Affairs Minister, Pranab Mukharjee made the last minute efforts by bringing his expertise to a focal point, made the history.
In my earlier posts mentioned about the biggest beneficiaries of the N-deal, estimated that a business of 40 billion dollars over a period of 10 years. This is nothing but an assured business to our capital goods, power and infra companies. The ancillary units small and medium may find their cake. The external business opportunity is enormous apart from the mining operations that the country will open in search of Uranium, in the locally available mineral rich states to ensure a buffer stock.
The Singur trouble is getting sign of amicable solution, the Tata’s has to decide. The big issues are being settled amicably may give some signs of relief.

The Nifty may get bottom support in spite of the global melt down; a de-coupled movement in the short-term is expected. The short term benefits are negligible with the deal, the HNIs, MFs and the FIIs many not jump to buy these stocks but at least don’t throw away the blue chips when the exuberance is high.

The STOCK-TRADING is a “Skill-FULL Job”. NEVER blame others for the LOSS/DEALS.
Never Forget: I may be wrong, You may be wrong but markets always RIGHT.