So 5500 is the very crucial support for NIFTY Spot because FIIs Net Investment in 2010 is @ 5490.
After Analyzing all these things, its clearly states that 2011 is the time to withdraw the Investment by FIIs. If we see the the month of Jan on 2011, its clearly shows FIIs has withdrawn Rs. 4063.00 Cr. till 21 Jan 2011.
Tomorrow RBI will announce its Credit Policy expecting to hike CRR and Repo Rate by .25 BPS. It will be the prier indication of budget means, what the government will take action against inflation and price hike in oil prices and also for some commodities.
Note:- All the data has been taken from NSE/BSE/SEBI.
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