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Higher market on expected lines as we saw big rally in usa last night and all asia reacting up 1% on back of it but as we have another event here, railway budget which will be at 12 o clock. So focus shifts to it now. For today, 5540 nf will act as first hurdle of bulls. On falls, 5480 nf last hope support of bulls. Only breaking this range will set further moves from bulls or bears.
RAIL BUDGET TODAY 14 March 2012
Minister for Railways, Dinesh Trivedi would be presenting the Railway Budget for the financial year 2012-2013 later today. Following are some expectations from Rail Budget:
He may
>Hike passenger fare or levy surcharge on tickets
>Announce policy change regarding PPP projects
>Add new routes for AC Double Decker trains
>Increase spending on technology upgradation
>Increase number of Adarsh Railway stations etc...
GET LATEST UPDATES OF BUDGET ON MOBILE from 12 o clock CLICK HERE
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