Re: [sharetrading] Budget from SM`s eyes

 

dear SM

 

Nicely summarised.

 

ekamber

 

 

 

----- Original Message -----

From: sharetrading.moderator

To: sharetrading@yahoogroups.com

Sent: Friday, February 26, 2010 3:21 PM

Subject: [sharetrading] Budget from SM`s eyes

 

Given all constraints(populism included) it is a moderately satisfactory budget
Push for power and infra was very much on expected lines
Push to R&D will give impetus to Indian pharma -- India`s weakness
Sun Pharma ,Biocon and many others specially in Biotech shall benefit
NREGS provision is unsatisfactiry and points to tied hands of Govt.
IT slab ups was much required
All our increments and wage revisions were getting blown up in inflation
Petrol , Diesel , we have to live with realities
This budget was a very good day for our stock markets
But what after the budget euphoria dies down?
I guess we shall be looking forward to cues from US markets as usual
We small investors should take our own cues from what FM Pranabji Mukherjee said while presenting budget 2010-11
" The worst is over for India"
Rest details after fine print reading
SM

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