*MARKET SUMMARY* After three days of dull sessions, markets bounced back smartly today. Forthcoming interim budget may offer tax sops and sector-specific stimulus package, likely US second stimulus package, which will be announced by Geithner (new US Treasury secretary), boosted the sentiment here today. Buying was witnessed in metal, banking and IT stocks. Index heavyweight Reliance Industries (RIL) soared. The BSE 30-share Sensex jumped 209.98 points or 2.31%.
The government is examining all options including tax cuts aimed at giving a boost to the slowing economy and relief to the industry to prevent job cuts, reports suggest. Given the severity of the current global financial and economic crisis, the government may announce some measures to boost the economy even as the established political practice is not to announce tax changes in interim budget so as to avoid burdening the new government. FOR MORE DETAILS CLICK HERE <http://16anna.com/eveningnotes.aspx>OR PLEASE GO THROUGH THE ATTACHMENT.. Regards *Guiness Research Team* Guiness Securities Limited 18, D.Park Road. Kolkata - 700026 Phone : 033 30015555 Web Site : www.16anna.com Regards Sougata Kumar --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Yellow Pages" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/yellow-pages -~----------~----~----~----~------~----~------~--~---
