HAPPY DEWALI...

HAPPY DEEPAWALI TO READERS...

THE FESTIVAL OF LIGHTS SHALL BRING YOU PROSPERITY AND PEACE IN LIFE.

THE STOCKS WILL CHEER YOU NEVER BEFORE...

THE WAVE OF BULL RUN IS UNFOLDING.....

ENJOY PROSPERITY FROM STOCK MARKETS FROM MY RECOMMENDATIONS...

Budget-2011-12- YES____But????....

The Pranab’s budget is same as earlier to focus on demand and propel growth. Te rural demand and in house economy building is good but the corporate houses are to be taken care as well.

The Soaps and Agarbatti companies share lots of fragrance of success.

The GST will lure all but the waiting is more painful to FMGC companies.

The cold chain and the chain action of profit growth is assured to those companies but the rise of copper may put some pressure.

The ready made branded garments put some 10% higher “pride cost” of buying but the quality was at yesterdays, level.

The low cost housing below 25 lakhs is the next mantra but the rise in the cement prices hampers the construction growth. The mall growth and SEZ growth get hampered and a severe blow to high rise illuminated luxury shopping. The IT and ITes are at foul cry with the introduction of MAT to SEZ. The big brother Reliance joins the group to provide chorus.

A severe blow to SESAGOA and others involved in miming of iron ore exports. The local sourcing of quality iron is at cheaper and easier than earlier.

The MAT was raised from 18-18.5% but the Corporate surcharge was reduced from 7.5% to 5%.

The good is the automobiles were spared from rise in excise duty.

A cool heath and rise in hospital bill and including Insurance tax is like filling the coffer with smile and sending the coffin.

The automobile is vrooming, banking sector in neutral, cement is cool, diamonds and jewelry lost the shining, IT is totally down, construction ok but infra is good with rising costs but power sector is good, steel is good, the FMCG is with fragrance,  phama needs a dose of pill but the corporate hospital and the AC hotels that serve a cool beer needs to pay the service tax. Those who want to fly shall pay more and their branded garment costs a lot. The oil and exploration is in demand with energy so is the power sector. Enjoy the budget but not the markets????????.

So sail with world markets and down with our weight unless or MF attract large capital INFLOW.