Friday, December 18, 2009

SAIL selloff papers to reach Cabinet within four weeks- Steel-Ind'l Goods / Svs-News By Industry-News-The Economic Times

SAIL selloff papers to reach Cabinet within four weeks- Steel-Ind'l Goods / Svs-News By Industry-News-The Economic Times

I think it is a good move by SAIL (Steel Authority of India Ltd.) to increase its expansion. It will this news will definitely have positive impact on share prices of company but after January and go more upwards when actually the activity takes places in market.

I think market will be positive in the second week of January 2010.