Thursday, November 18, 2010

Nifty Near Support-INFRA Stock selling seen

NIFTY near Support
INFRA Stock selling seen

Infrastructure stock can have a crude(Shock) surprise if news of Government reducing toll fees on multi axle vehicles come true due to trucker strike already IVRCL, HCC, NCC, GMRINFRA, RELIANCEINFRA, IRB, PATELENG are facing pressure now other stock in that space can face pressure. http://www.thehindubusinessline.com/blnus/09151601.htm  Talks on to avert indefinite strike by truckers: Nath, According to a source, “the ministry is believed to have agreed to reduce the toll tax on multi-axle vehicles to Rs 2.50 per kilometre from the existing Rs 3.45 per km” after a meeting with the AIMTC representatives on Friday. However, this could not be officially confirmed.