1.IIP Data expanded 13.76% in July 2010, compared to 5.76% growth in June, beating the Street’s expectation of 7-8%.
2.Inflation rasies to 9.97% in July.
3.Manufacturing, which generates exployments has been doing well, Grown by 15%.
4.Capital Goods contributed mostly to this Growth in July.All Inventories have used.
5.RBI may rise Rates again to tame the Inflations.Creatit growth is yet to Pick-Up.
6.We are on the Track to achieve the 8.5% Growth Rate.
The Author is Senior Chartist of M/S Durgapur Holdings( www.niftynext.blogspot.com). She may be contacted at niftynext@gmail.comOr + 91 880 2230 836.
5 years ago
market is going to high level so this is requested to buy now referenced by sunder kumar jha dealer of share market
ReplyDeletetoday the IIP( index of industrial production)growth is better than before month at 10.8% so this indicate that our great indian market sensex and nifty market index is going to prevent other market growth and our neibhour country going to low level so all investers are requested by sunder kumar jha dealer of share market to buy and invest regarding sunder kumar.
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ReplyDelete