25 February 2008

Reliance Power Bonus Spikes Market

With the Announcement of 3 shares to every 5 shares held and very Positive Global Clue in the late afternoon saw the sensex soared close to 500 points from days todays low to close 302 points up and the nifty up buy 90 points.

Reliance Power which had a lacklustre trading from its listing shone today by gaining Rs 33 closing at its listing price Rs 450.
With Budget in couple of days,lot of speculation on IT FRONT,SOPS FOR SUGAR,CEMENT and scapping of surcharges ....Sensex may see 19000??? keep yopur fingers crossed

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