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India: Post-festive dampener continues, imports trigger anxieties

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Early morning Short: The marketplace quietness prolonged into the fourth week. The India Steel Composite Index stayed level for the week ended 28 October. In the preceding week, it had finished down a negligible 0.6% at 151.90 factors. Longs as well as apartments also remained level at 153.20 factors (154.40 points in previous week) and

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Composite steel index remains flat w-o-w. Natural gas inflation. liquidity crunch lead to fresh output cuts. Retails sales outlook still gloomy....

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