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Monday 16 May 2011

Stock market under pressure and continue to do so why?

Stock market remains to under pressure for 1st quarter of current financial year as if govt. Increases diesel prices then inflation again rises in two digets and RBI May increases the interest rates again results in decreased forgein inflow of money and that will put pressure on market,if diesel prices not increased then subsidy burden increases on oil market co.s and govt. Results in more debt on indian economy and that will put pressure on market,after 1st quarter when global crude prices decreases as stallement occurs in west then market get some direction,so be cautious on market and buy fundamental stocks on every dips

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