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.

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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The Indian heights!

With the bull run in the Indian markets showing no signs of relenting,today saw the sensex reach 17,219 levels up by about 140 points.all of this has been reached with a very rapid pace.but of course the naysayers are saying that now that the sensex has reached this level that it will start correcting itself.in other words they are predicting that the 'bull run' is now over and that the sensex will fall by a huge margin to the old base of 16,000.
But the Indian sensex is showing no signs of having heard that prediction.it has moved at such a rapid pace that it even caught most of the international investors by surprise.with the inflation figures down as well all this bodes well for the Indian economy and by extension to the Indian sensex as a lesser inflation generally means that the common man will be much more inclined to invest more and take bigger risks.so all is not yet over for this bull run and the Indian sense is now aiming at new heights,maybe at the 19 K level,perhaps?

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The Indian sensex rallies!

Despite the carnage of last week the Indian shareholders have got their confidence back and as a result of aggressive buying on the part of the traders the sensex has surged 400 points ahead.of course,leading the pack was none other than the SBI stocks which have increased in value due to the news that the recent takeover of a local bank chain has been completed.of course the merger still has to get the go ahead by the RBI and the government of India.when that happens and it will,soon at that,you can expect SBI to surge even further up than it already has.so keep your eyes on this stock.
That said the info tech sector was not that far behind the SBI.more and more laws are being amended to complement the IT sector every single day and this can only contribute more to the companies and the government's coffers.the sensex is all set to take over the 15,000 level and maintain it as the base for further market activities!