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Archive for May, 2009

May 19 2009

Indian sensex posts the record high move in a single day!

The most amazing move in the world markets for the week was seen on the Indian stock exchange called SENSEX .The index rose 17% in a single day!+ 2100 points alone in a day?the upper circuit was put in 2 minutes of market open .The participants usually were large funds, banks and foreign investors.Retail individuals did not get time to participate in it.This move was seen following astonishing election results where every prediction that the coalition is likely failed and Congress led UPA party won the elections by majority.

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232 responses so far

May 09 2009

Are we in the bull road on all the pairs that have shed there weight to half?

Are we in the bull road on all the pairs that have shed there weight to half?With interesting results and market reactions over last 5 weeks where evry bad or good news pushes market higher and higher is the beginning of the bull market again?Has the bears exhausted after shedding the mass of the heavy currencies adn stock markets to almost lower than half?Or is it just the correction in the big bearish run?Only time will tell…

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225 responses so far

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