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Current Political Situation - GREAT (15) 03-Jul-08 08:19

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Posted by: bhusbhac on ( 03-Jul-08 08:19 )
Price : BSE: Rs 2143.10 ( 4.84 % ), NSE: Rs. 2144.00 ( 4.88 % )
The current political situation is quite positive. It is a question of 9 months and we may see some new faces. The Nuclear Deal going through is a positive for Indian as well as US markets. We are all looking for business that does not have the CRUDE factor. Market would react positively although this may take 3-5 years to become effective. CRUDE prices at high levels threaten the world markets to slowdown and that threat should take the crude prices down. Imagine just a cut down of 5% in worldwide consumption which has been wasteful worldover and there would be excessive oil production. A step up in production of oil in oil importing countries and proceeding towards alternate energy at \\\\

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positive outlook

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