Mkts seeing strong fiscal steps by govt to curb inflation

Published on Mon, Mar 31, 2008 at 13:28 |  Source : CNBC-TV18

Updated at Mon, Mar 31, 2008 at 17:10  

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By Nimesh Shah , CNBC-TV18

 

There is a lack of buying interest among institutional investors today. The flows are mixed; the buy/sell ratio is 1:2. The domestic funds are on sidelines; they are seeing marginal nibbling by insurance companies.

 

The markets are nervous because of the ICAI (Institute of Chartered Accountants of India) ruling and high inflation . The market is expecting strong fiscal steps by the government to curb inflation.

 

 For complete report, watch video...

 

 

  

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