Friday, May 29, 2009

MY VIEW
The quarterly GDP numbers beat the estimates and projection for come year GDP is upgraded are positive for markets. Now market is nearing 4500 levels. As the beginning of June contract is good I feel nifty will touch 5300 levels without much effort. FM said that our economy is bottom out will be the major driving force for nifty. To my mind Infra,steel,oil agriculture sectors will have great attention in this budget . so these sector scrips will be good bet but only 50% of our investment will be advisable at current levels. Let's watch how the markets end.
Thanks for visiting!

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