Monday, July 17, 2017

GST regome from 1/7/17

1.India came under GST regime from 1/7/17.Huge volatility in the,market expected.Economy may suffer,in the immediate short-term.
2.Reported Inflation low.Rate cut expected on 2nd August 2017
3.Gold and Silver fall,the latter,massively,but recover a bit.Silver is still cheap.good buying opportunity,in small lots.
4.Massive correction expected in the coming days,in Sensex and Nifty,despite the anticipated,rate cut by the RBI on 2/8/17.
5.RBI gets enhanced Powers,to deal with the NPAs,though the reason for te high NPAs,was RBI's abysmal oversight.
Will be updated......

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