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Reports that the government is working on a second stimulus package to pump prime the economy lifted the market in early trade. But the market soon pared gains as some Asian stocks slipped into the red. The BSE 30-share Sensex was up 67.84 points, or 0.7%, shedding 30.52 points from the day's high. In the second stimulus package to boost growth, the government is likely to provide sops to the automobile, housing and steel sectors. As per reports, the committee of secretaries (CoS) on economic crisis is examining proposals like increasing the limit for low interest-rate housing loans from Rs 20 lakh to Rs 30 lakh, increasing the tax rebate on home loans, reducing car and two-wheeler loan rates by 2% (from the current 12-14%), increasing depreciation and ensuring faster disbursal of Central value added tax (Cenvat) credit for the steel sector. * Complete Story <http://www.cafestocks.com/mktlive-commId-286091.html>* * * <http://www.cafestocks.com/mktlive-commId-284891.html>Stock Calls for today are now available at *www.cafestocks.com/tipstoday*<http://www.cafestocks.com/tipstoday> You can also register for free at *www.cafestocks.com/register*<http://www.cafestocks.com/register>and track these users to get free email alerts when these users share their stock ideas. On the *cafestocks.com* <http://www.cafestocks.com/> stock market community, some stock ideas of our esteemed members have given as high as 100% return in a little over than a month. If you are an expert, you can also share your stock ideas to create a reputation for yourself among cafestocks community members. If you are looking for stock ideas, you can start tracking our members who are giving good returns and you will get automatic alerts when they share new stock ideas. Registration is free at www.cafestocks.com/register and comes with a host of benefits Breaking news at *www.cafestocks.com/news* <http://www.cafestocks.com/news> Stock market commentary at *www.cafestocks.com/marketpulse*<http://www.cafestocks.com/marketpulse> Stock Screeners at *www.cafestocks.com/stockscreen*<http://www.cafestocks.com/stockscreen> Sector screeners at *www.cafestocks.com/ sectorscreen*<http://www.cafestocks.com/%20sectorscreen> Intraday and eod charts with technical analysis at * www.cafestocks.com/charts* <http://www.cafestocks.com/charts> Hope you benefit from the cafestocks ecosystem
