Wednesday, April 3, 2013

WAIT AND WATCH FOR MANAPPURAM


Gold is falling day by day.Already Fallen Rs.440 yesterday and today again tanked Rs.200.Currently gold is trading at Rs.21600 for 8 gram
So Traders keep away form gold related NBFC like Manappuram and Muthoot Finance for some days as fall in gold price will adversely effect Manappuram profit margins and biz