The crash continues! Last week we saw hopes of market recovery being dashed. The market could stay flat in the next weeks. The budget could be a stimulus for the market. Everybody is expecting a populist budget because of the election year. I feel there could be some surprises for the market.
Meanwhile Reliance Power, the heavyweight IPO lists today. Everyone has made predictions on the listing price and from listing premiums, now we are speaking about discounts. Let us see what effect the listing has on the markets.
Sunday, February 10, 2008
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