tag:blogger.com,1999:blog-8074076175036081982.post8453910111664363868..comments2024-03-26T12:30:43.541+05:30Comments on Investment ideas: Reliance Industries - UpdateNiteen S Dharmawathttp://www.blogger.com/profile/14299180659043749768noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-8074076175036081982.post-67970106271707422652008-09-24T13:30:00.000+05:302008-09-24T13:30:00.000+05:30The possibility is because of various reasons. Fir...The possibility is because of various reasons. First, the real impact of increase in interest rate over a period of last one year will come in effect from the next quarter onwards. The next two quarter will result in dip profits of the companies. Second, the impact of the crude and raise in salaries of the government employees coupled with loan waiver to the farmers. This will seriously dent the government exchequer and result more fiscal deficit. So ultimately we will have more inflation. Finally, if crude does not dance below $80 bbl on a consistent basis then controlling the inflation will be very very difficult for the government. This will vanish the possibility of interest rates coming down in the near future. So the chances of increasing the growth will further diminish.Niteen S Dharmawathttps://www.blogger.com/profile/14299180659043749768noreply@blogger.comtag:blogger.com,1999:blog-8074076175036081982.post-47687720898607761172008-09-23T19:23:00.000+05:302008-09-23T19:23:00.000+05:30May please advise what is the probability of Mkts ...May please advise what is the probability of Mkts coming down to 9000 levelsAmithttps://www.blogger.com/profile/09013998733189133088noreply@blogger.com