The PMEAC cut: Pt II

Of course I just realised, no one is even talking about further investment except the bears right now and still equity indiceds have not given away much today or yesterday. Good guys with excellent public record in the last few months take turns to place the Indian infra sector on permanent sell instead, Banks look overbought and tired but a day’s reaction may be enough for them right now..and two more days like this and it will break down finally from the 5620 levels only , and not any new 5900 levels yet, though that is just cheap open interest out of the money for quick ly reaping volatility

Economically we are just fighting the deficit ars right now byut we have to show investment in this economy, which does not allow free convertibility before wwe can see substantial $10 blna month run rate for FDI.

Oil is going to touch $150 too, and mostly, banking and consumer markets are seemingly saturated instead of growing reach and markets on a daily basis with such a large underbanked population and only 3% invested in the stock markets.

The Twelfth plan  action starts a little after the Budget speech hoopla dies out, and hopefully that is not already factored into this rally of the markets. If someone can help me specify, I’d like to benchmark the progress made on the count of Power in the last few discussions apart from the CIL PPA with private producers including Jindal and Reliance(Anil).