Friday, October 5, 2007

The indian stock market heats up!

With most of the world markets not showing much momentum,the Indian stock markets have gone beyond even the most optimistic expectations in the last few days.it actually zoomed past 17,000 levels to touch the 18K mark.the market now seems to be searching for a base to make its rise further.most of the Economic pundits here are already cautioning the investors from investing too much ion the current market scenario as it is quite volatile.and what is more the market is supposed to have undergone some sort of a correction as regard the new levels that it has reached in such a short time,but that has not yet happened and there are no indications that will happen,at least not for now.
Today saw a flat market as it is trying to search for a new base and in all probability it will find a new base and the Bull run is all set to continue into next week.this news has been quite a bit of fantastic windfall for the middle class which of late has been investing more and more in the Sensex.even the Finance minister has cautioned the public from investing in large numbers at this volatile stage.it seems that the market has got on a whole new life of its own and the 'Bull play' is all set to open up round two come Monday!

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