Sameer Medhekar (Student) (4140 Points)
17 January 2009Reliance Quarterly Results
With Jan being the month of Quarterly Results, how do u anticipate the Results of Reliance Industries
Reliance being a heavyweight on Nifty will certainly impact the Markets bigtime
Bijoy N.Momaya
(www.RupeeResearch.com (Eqty Advisory & Stock Broker))
(477 Points)
Replied 17 January 2009
Sameer. in my view the turnover has declined by 18% as per CNBC poll. REMOURS ARE RUNNING THAT RELIANCE HAS INCURRED A BIG LOSS IN COMMODITY MARKET TRADING IN CRUDE SEGMENT. IF THIS IS TRUE, IT WILL BRING DOWN NIFTY AT 2500 LEVELS IN 3 DAYS.
Bijoy N.Momaya
(www.RupeeResearch.com (Eqty Advisory & Stock Broker))
(477 Points)
Replied 17 January 2009
SORRY FOR THE SPELLING MISTAKES. *RUMOURS
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