You are here:

Asian Stocks/will the banking sector rise after the budget

Advertisement


Question
what is the future of banking sector iin indian stock market?

Answer
dear promode

whether banking sector will rise post budget or not depends on whether the interest on small saving has been reduced or not.
if yes there is no doubt it will rise as the lending rates have been reduced by 50 points and more is to happen.

in case the the rates on PF is reduced thenm u are lucky, banks will have a gala time in the sensex.

lets hope it rises as a lot depend s on it

Asian Stocks

All Answers


Ask Experts

Volunteer


alex

Expertise

i can answer question regrding indian stocks,and on scrips thats are on BSE and NSE.you can ask me any question

Experience

i worked under a stckbroker for 2 years

©2012 About.com, a part of The New York Times Company. All rights reserved.