Friday, March 12th, 2010

Last week market was slightly disappointing Sensex was down by 770 points, Advance tax figures, Company Numbers & War Phobia make the markets on the negative side. It seems markets were very nervous and would crash any time if any worsen news would have announced.

Last week was just great for everyone, Once again smile seems to be coming back on the traders face or on a short term investors. Once again markets have taken some of the confidence of the investors and have give time to roll.

As we told Nifty was in Positive mood and so last week was great for the markets just out of four working days just a day got negatively closed by 14 points and rest on the weekly basis it got closed by 206.65 points on the upside and finally it got settled at 2921.35.

Last week Nifty closed with the negative returns just by 41 points on the weekly basis, but this week market seems to be on the positive mood and look like good returns. Markets once again have started favoring as Inflation, Crude, Govt. Policies & Cut in Interest Rates & Duties is getting down.