Election results may do the spoil sport

Given the economic measures announced by the Government, market should pierce the upper resistance and move past 3000. But the election results to be announced today may hamper the any up move. You can trade well in reality and bank sectors which would definitely advance.
I don't understand why ICICI Bank and HDFC are taking so much time to decrease interest rates. They are the first one to rise the interest rates to their old floating rate customers.Ironically ICICI Bank announced a 1.5% cut in rates for NEW customers seeking loan amount of less than 20 lakhs. They should not be allowed to differntial pricing of their loan portfolio. Government should make steps to one time removal of pre payment penality and eligible and willing customers should be allowed to transfer their loans to PSU banks without pre payment penality and processing charges. These two steps are sufficent to make them more responsible.
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