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Is Nuclear Deal Suitable For Indian Growth?
Yes, It is needed as we are way behind many countries in terms of using nuclear energy for socio-economic use - 80.00%
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Forex Trading

Discuss About Foreign Exchange Market, Arbitration etc.

Thread: Where the dollar goin'?

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#3 (permalink)

27th January 2008, 12:32 AM

saege

Join Date: Dec 2007

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How sure are you about the below fact?

QUOTE=urarjun;305]I assume that rupee appreciates not on the strength of Rupee. Foreign IT companies are looking for Indian large and Mid size IT companies for aquisition. But Keeping dollar weak FDIs are accumulating target companiesm and the weak Indian retail investors are selling IT stocks. Once the Accumulation is over then dollar will become strong. I advice investors not to sell Satyam, TCS and Wipro within a year you may get news about M&A or stake sale.

[/quote]

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