Stocks 'bull ahead' past the 16.5 K mark!

The sentiments in the Indian stock markets is still very much 'bullish' all the way and today was no exception.the stocks zoomed past the 16,500 mark to end the day at 16,564 levels before which they actually crossed the 16,600 levels.of course the question in every traders mind is where is the new bottom and when is ti going to bottom out?
Given the current trends and the current political and economic news it seems that the 16,000 mark may well be the new base for the stocks.the Indian stocks have been seeing a lot of action in the last 2-3 years and they have been growing in scrips and investors at a very rapid pace.if you were to take a day off and go to the actual trading floor at the Bombay stock exchange,it will e total chaos but you would be able to feel the vibrancy of the Indian economy which is on the move.my expectations are that the Indian stocks will at least see the 20 K levels before the end of 2008!lets see!

shares,economy,bombay,trade,

Insure your credit card??

That is the question to ask especially with the news of the latest venture proposed by LIC,the state owned corp dealing with life insurance.i suppose,if you were to stretch the idea a little bit,every time you use that card,you will be taking away the value of your LIC payout in case of your demise.but that is a dark look steeped in dark humor.
All that aside,let us be serious.LIC is proposing a CC venture with the GE money group and already many players are buying a stake in this venture left and right.at the moment,most of the stake in this venture is about to be taken up by certain groups of whom one of them happens to be the Singapore based state investment firm Temasek.either way LIC is undergoing a revolution of sorts with all sorts of diversification on the boards.so i guess,we can expect LIC to come up with very exciting ventures for the near future!

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