What do you make of Ranbaxy [Get Quote], Ambuja, Reliance, the three biggies?
The numbers of Reliance Industries have been marginally below expectations, but I think that the stock has a kind of momentum of its own, unlike the others, which have put out sterling performances and seen the stock getting crashed. I think that Reliance will hold its own. Ambuja has been along with the rest of the cement pack and it has been along with the expected lines and within analyst estimates by a wide margin. For Ranbaxy Laboratories, unfortunately I am a little behind the curve. I do not track it. In terms of the sectors, if you look at the results season, so far it has been fairly positive. How have you read the global cues that have given us this leg up today? I think that is perhaps a little less bullish than the rest of the market seems to be taking it as of now. I think it was more or less known that the Fed has kind of eased off a bit on its hawkish stance. It was clear from the last statement. It was not expected that they will make any kind of hawkish statement becau
