Australia left open the possibility of watering down its proposed 40 percent mining tax on Thursday after newspapers said it was prepared to change the way the tax is calculated in order to pacify miners.
Maximum Rally Only Up to 4938—4960 level ,think To buy After closing above 5024 So best strategy Sell nifty between 4950—4985 with sl of 5025 Support at 4888—4862—4852 below that More pain ahead will test 4823—4803 thereafter 4786—4753--4736—4711..
In a suprising move German Debt Sale Suffers, Portugal Fares Better in bond market. Analyst feels that fears of portugal is much less than few days ago and blown out of proportion