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Monday, February 28, 2011

Budget Effect 2011

Every year when a budget is presented, invariably the ruling party and its allies claim to be a progressive and aam adhmi budget. The opposition will claim it to be a directionless or anti people budget. If the ruling party changes the roles are reversed. The Industry will give a mixed reaction. For the layman in the streets, these budgets do not make much sense. What ever be the concessions announced in the budget, by the time it reaches the common man his burdens would have increased proportionately.

I purchased ICICI Bank 30 shares @ 984 and today it closed at 974 something.

Looking for a long term hold stock.

How about SBI ?

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