REVIEW: AS SUGGESTED IN THE MORNING, ICICI DID NOT CROSS
1472 LEVEL FELL TO 1442, SBI DIDN’T CROSS 2714 FELL TO 2675 LEVEL, AXIS
REGISTERED HIGH OF 1942 FELL TO A LOW OF 1915.
PFC DIDN'T PERFORM AS ANTICIPATED AND AURO PHARMA STOPLOSS
TRIGGERED.
Govt. IS PROPOSING MANY SERIOUS MEASURES FOR BRINGING THE
ECONOMY BACK ON TRACK. IT MAY BE TRUE FROM THE PM STATEMENTS THAT THIS Govt IS
COMMITED FOR SERIOUS REFORMS IN RAILWAYS, CAN BE SEEN FROM THE PROPOSING
RAILBUDGET TOMORROW. THE BOLD PROMISES OF EARLIER Govt YIELDED LITTLE RESULTS
AS FAR AS THE SAFETY AND SANITATION PRIORITIES.
THIS RAIL WAY MINISTER MAY PROPOSE NEW LINES, HIGH SPEED
RAIL TRACKS, AND SAFETY MEASURES AGGRESSIVELY. THE PROPOSED NEW LINES MAY BRING
DEMAND FOR STEEL AND CONSTRUCTION EQUIPMENT COMPANIES.
FOR TOMORROW:
THE NIFTY IS IN SAFE ZONE ABOVE 7520 LEVEL AND NIFTY ADDED
OI CLOSE TO 13 LAKHS FOR THIS 20 POINTS.
THE KOTAK BANK WILL HIT HEADLINES SOON
AS THE OI TODAY WAS ABNORMALLY HIGH FOR A STOCK LIKE KOTAK.
THE HDFC DUO AGAIN
ADDING OI HEAVILY. THIS IS EVEN TRUE WITH IDFC WHICH KEPT ON ADDING OI FOR LAST
3 DAYS.
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