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Friends,
The left has announced the cecession of support to Congress govt alongwith the rhetoric that goes with such matters. This upsetting of applecart has in fact settled the politics related anxiety for the marketmen as the vaccum created by left has been filled by Mulayams SP. Now, people expect that the prime-minister who had to act in uncharacterstic way all these years for he had to carry the burden of negative influence of left , will be back in his elemental reformist mood. He , also, has scored over many a petty politians who had ear of Sonia as the sole stregth. His resolve to go ahead with nuke deal with steadfastness , unseen earlier, inspite of some Congressmen worrying for the fall of govt at a wrong juncture , earns him a kind of respect that a prime-minister of a nation like India should have. Let us see how the next political episode unfolds.
The markets around the world have been ecstatic on crude declining to a three month low at 136 dollars. There is now all round hope and the Nifty is trading higher 4094 , up 105 pts over the last day,s closing.
Please let me know you feel that you have been guided rightly over time.
HariOm,
KrsnaKhandelwal
