NIFTY VIEW TODAY N TOMORROW

Buy Nifty 6200 call @ 68 tg 89,110 sl 39

NIFTY OUTLOOK FOR TOMORROW

The market has not been able to gather momentum even in the last trading hour of the day. The  Nifty slips 23  points to 6087 The highest point it touched was 6111 and lowest point was 6070 today. Immediately, we need to monitor the support between 6080 and 6060, and within that 6075 acting as a major support point.....

Why is the fiscal deficit important

While a small fiscal deficit-to-GDP ratio is manageable, it has risen sharply over the last five years. Thus, whereas it is currently around 5 per cent, it was consistently lower than 4 per cent during April 2003 and March 2008. This is because, when the global recession hit, the Indian economy slowed down and also because the government introduced an expenditure stimulus. It thus began to spend more than usual....