Sunday, May 13, 2007
India Stock Market Update 13 May 2007
Seems like inflation is on the spur of coming down marginally, and that could mean that the RBI will stop squeezing credit growth in the economy. It is necessary to combat inflation, but hurts a lot of people and companies, including people who believed in the booming economy and bought houses taking advantage of cheap loans. Such people are feeling the pinch of increase in their interest rates, and could do with moving to a as-previous low interest regime.
Stocks that I am currently tracking:
1. United Drilling: Rs. 23.15
2. IFCI - Rs. 47.20
3. Reliance Industries - Rs. 1593
4. Yes Bank - Rs. 154
5. Supreme Industries - Rs. 225
Labels: Equity, India, Inflation, Stock
To be updated when a new post is made, click on the icon Site Feed