it was a nice runpull back today..."With the inflation rate for the week ended April 14 remaining high at 6.09 per cent and concerns voiced over the excessive ECB inflows, stocks such as SBI, ICICI Bank, Punjab National Bank, UTI and HDFC Bank lost heavily."
however, it was a nice little run...and just this small little correction before q1 earnings and then look out...we will head higher even still.
as long as india's economy grows like gangbusters, then we will see earnings grow in line...
cheers