Nifty Analysis for 15 June
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Bramesh Bhandari
Jun 14, 2012, 11:54:45 PM6/14/12
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Today the all Important Inflation data for May month was released,
inflation inched upto 7.55% and Core Inflation to 4.99%. The another
shocker was The March inflation figure has been revised upward sharply
to 7.69 percent from 6.89 percent.
So now this revision put RBI in catch 22 situation, Economy is slowing but Inflation Monster is coming down so How will Mr. Subbarao play the game as he is caught between Devil (inflation monster) and dead sea(slowing growth) will be Keenly watched on Monday ie. 18 June.
Before RBI policy the Sunday Results of Greece election will be watched by whole world as its results will decide whether Greece.. http://bit.ly/NoxhBu
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So now this revision put RBI in catch 22 situation, Economy is slowing but Inflation Monster is coming down so How will Mr. Subbarao play the game as he is caught between Devil (inflation monster) and dead sea(slowing growth) will be Keenly watched on Monday ie. 18 June.
Before RBI policy the Sunday Results of Greece election will be watched by whole world as its results will decide whether Greece.. http://bit.ly/NoxhBu
Facebook Page TwitterContact me:
bhandaribrahmesh brahmesht
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