Oil goes into new waters!

With the price of Oil hitting above 100$, it is that time of the year where we should all start looking for alternative means of transportation. With the Oil at new heights and with the middle east in an uneasy condition, one can only wonder how much further is this going to go to.
Of course, all eyes are on the OPEC but going by what they did the last time there was a hike in the Oil price, they would not do much this time either. The cost of the Gasoline has already shot up and naturally the prices of the essential commodities are also getting hiked. Our wallets are growing thin and now with this Oil hike, it is becoming micro, getting by on our salaries is really turning into a struggle of sorts these days.

Sensex dances to the Politicians music!

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.