1. Rise in brent crude oil prices which might impact the industrial consumption, so a threat for developing economies like India.
2. Sexsex fell flat approx 413 points down on account of Egypt crises, rise in bank rates and rising inflation @ 16%.
3. US unemployment rate fell to 9% shows rising sign as far as US economy is concerned it fell after approx 2 yrs.
4. Gold prices to rise on account of inflation.
5. RBI will increase bank rates for few more quarters – PM Manmohan singh
Remember prices of crude oil rise in case of crises in Arab countries, corrosion in trans Atlantic pipeline (which carries crude oil). Crude oil is used as an industrial commodity any sudden rise in price will affect cost of input for the companies and so will affect the profits (low profits). Also the prices or Petrol will rise in few weeks.
KULDEEP. P
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