We are now at 16000 sensex after scaling 17500. The media is heating up to the budget 2010. I think this time, the expectations from the budget are quite low, since the RBI has sent clear signals towards tightening of liquidity. The stimulation package worked well all thanks to the RBI and the finance ministry. At that time, it was probably the only solution to the looming crisis. Now the banks have started to become aggressive at selling their auto, home and other retail loan products. True to their style, the banks have started to lend the umbrella when the sun has started to shine! Now they are faced with CRR hikes and withdrawal of cash forwarded to them earlier by RBI, which for some strange reason, they never lent to their customers. Anyway, in a nutshell, it means that we will see markets a little boring in the near future. I think it augurs well for the markets and I also think markets will continuously look for reasons to move upwards, now that the business climate has regained some of the confidence led by auto companies. So friends I am always on the lookout for bargains! What about you? Have a look at those beaten down telecom stocks! Do you see any opportunities?