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Friday, December 28, 2012

Share Market Trading Tips Trend Strategy|Fiscal Cliff


Indian Stock Market NSE Nifty BSE Sensex Trading Trend, Best Stocks To Buy Sell Today, Tomowrrow & Next Week 31st December : Due to fiscal cliff solutions USA sanate will be working this time even on sunday sunday which is 1 day ahead of new year day when american's hardly want to work most of them on holiday. Earlier since 1880 american sanate has only worked for 18 times on sunday but not on such crucial holiday week year end sunday

The US appears to be heading over the "fiscal cliff", with prospects dim for a deal to avoid tax rises and spending cuts, the Senate majority leader says. Speaking on the Senate floor, Democrat Harry Reid said there did not seem to be enough time to craft a deal before Monday night's end-of-year deadline. Analysts say heading over the "cliff" could tip the US into recession. The president wants to ensure that taxes do not rise for Americans earning under $400,000 (£250,000), and insists on raising new tax revenue in any deal.

Here remember. The term fiscal cliff refers to the combination of almost $600bn (£370bn) of tax rises and spending cuts due to come into force on 1 January if Congress does not pass new legislation.

Top gainers today:
Company NameHighLowLast PricePrv CloseChange% Gain
Reliance846.00821.55840.25817.7022.552.76
ONGC267.00260.05265.80259.006.802.63
BPCL362.00345.20352.30344.058.252.40
Wipro392.95386.15392.05385.506.551.70
Infosys2,325.502,288.452,323.202,287.7535.451.55

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