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.

Inflation

Since last few months we regularly listens about increasing inflation rate which is making a record by every passing day/week. Do you think that Commodity market (trading of commodities) is the main factor behind the rising prices. To control increasing inflation trading of some necessary commodities stopped and recently Government asked the steel companies to hold the prices, but how it will bring down the inflation rate. The steel prices will definately give benefit to Real Estate Sector but how it will help the regular life of a common person.