Market may fall drastically if govt. falls

>> Saturday, July 19, 2008

Next week especially Monday, Tuesday is very important from the Indian politics perspective as no one knows the outcome and in such case any big commitment can make profit or losses in market,`` said technical analyst, Vishwas Agarwal.

``The number game (272 seats) in parliament is neck to neck and the clear picture will come out only after the outcome of confidence motion,`` Agarwal said.

Agarwal expects a huge fall in market if the government falls, and the nuke deal thus getting cancelled.

Agarwal advised investors to buy only from investment perspective and not from trading perspective and be cautious if nuke deal is rejected.
Source: - myiris.com

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