RE:good
by ashish on Jul 03, 2008 01:23 AM Permalink
for the uninitiated, the speculation on whether the govt will last and possibility of early elections leading to a break in 'reforms' will tank the markets
RE:good
by All Right on Jul 03, 2008 01:30 AM Permalink
Ashish. Haven't you watched the news. The Left has blinked. They said two things:
a. That the PM has succeeded in convincing all others the need for the deal - an euphemism that the Left stand isolated b. That it is inappropriate to bring down the government while the PM is on a foreign trip - an euphemism that there is deep division within the Left and that Prakash Karat's leadership is being challenged.
So my bet is that the Sensex will spike over 500 points tomorrow.