Mkt has settled down well after the shock from the budget being absorbed whithin the 1st half hour.
S&P reflected the mood of the top 20 liquid companies that came off 0.5%
The results coming out continue to be impressive and the fact that the Budget is not going to deeply impact future earnings will have a possitive effect on the uptrend in the mkt with the exception of a few companies that get hit very badly with the tax surcharge.
Mkt will continue to head towards 11000 mark .
Dist, CTC , are badly hit while LOLC BIL CIC ,LWL ,ACL Sun, CABO , CSD SPEN seem a few who have avoided the surcharge.
