With the political situation between the ruling Congress party and the Left getting bitter day by day is it any surprise that the stock market keeps getting more and more volatile in its movements.what is making the movements all the more volatile is that the Sensex is searching for a new base and is poised to undergo corrections and this political situation is only making that a sure fact.when it will happen is anybodies guess but lets not forget that the Indian market can get very sentimental over even a sports win.and today that happened with the Indians beating the Aussie's at Chandigargh.so maybe tomorrow will see the sensex stabilise itself before the afternoon and then start correcting itself sometime early evening.
Monday, October 8, 2007
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