Thursday, September 13, 2007

Trying to reach the 16K mark!


The Indian sensex is making rapid movements towards the 16000 mark and going by all realistic reviews it may just do that within 3 days time.it is moving at a rapid click and is fast becoming the cynosure of almost every financial corp.of course with the Indian economy booming the way it has been,it is only right that the 'bulls' should have a hey day at the markets.
What is surprising many economic commentators is the way the market is reacting to the world economic news.any negative comments on the U.S economy always has a kind of a 'domino' effect on pretty much all the world markets.it is true that the Indian sensex does gt effected like all the other Asian counterparts as well.but what has thrown off many economists off the track is the way the market has recovered all of its losses and is now fast chugging along to the 16K mark.many economic pundits from all over the world had predicted that the sensex would bottom out at 14-15 K and that would be the peak for quite a while.well,it seems that the Indian senses has not heard that report and now is on its way to new heights!

india,economy,sensex,mumbai,asian,

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