Morning Bell

Research report by 'RR Financial Consultants'
     
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Outlook-  

• The market may extend Wednesday (13 January 2010)'s gains on higher Asian Stocks. The government will announce the wholesale price index for December 2009 today. The headline inflation rose 4.78% in November 2009.

• The government may reportedly revert to pre-slowdown indirect tax rates in two phases beginning April 2010 as the government weighs likely harm to the ongoing economic recovery if a rollback is done at one go with the urgent need to move towards greater fiscal prudence.


   
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