Day Trading Stocks & Futures

Many companies including Reliance Industries are reversing the salary/increment cuts given to their employees with retrospective effect.This resersal is going to be effected before festival season presumably Diwali and X'mas...that is a very positive news. Does it mean that companies are recovering before they anticipated and that will put some money in the hands of consumers and above all it will bring back the confidence of continuation of jobs and benefits....

Smart_trade
 
Many companies including Reliance Industries are reversing the salary/increment cuts given to their employees with retrospective effect.This resersal is going to be effected before festival season presumably Diwali and X'mas...that is a very positive news. Does it mean that companies are recovering before they anticipated and that will put some money in the hands of consumers and above all it will bring back the confidence of continuation of jobs and benefits....

Smart_trade

Nope. Ground situation is bad. Specific sectors are doing well like steel sector is seeing good momentum because of govt intervention.
 

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