Bear Ruling Dalal Street

Railways Budget did not went well with market, as there was no fare hikes and freight rate hike. Some sweet talking and big propaganda plans which mostly remain on papers.Market took this as a sign of General Budget coming negative and tanked. Highlights of Railway Budget for 2013-14
1. FIIs sold 43754  Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 1271 cores with net Open Interest increasing by 177542 contracts. Core Education: Is it a Buy ?
2. As CNX Nifty Future was down by 91...







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