Last week markets once again gave the negative returns by closing Nifty at 40 Points below the opening and Sensex closed at 7 Points positive. It seems that markets are not able to decide the direction either Bull or could be the bear one. But once again the Inflation has remarkable fall till 5.24% and which is 11 month low and falling in domestic fuel prices will make further WPI Inflation further down.
Indian companies can even kaput?
Last week Market face a shock, Nifty & Sensex Company, Satyam got bust and this news just crash the market. Nifty Loose 174 & Sensex loose to about 551 Points and closed at 2873 & 9406 correspondingly.
Satyam shock has surprised the corporate world, what could be the worst and one can [...]
Markets open with an optimistic way on Wednesday but Satyam News has once again spoil the Markets. At last currently Nifty is down about 170 points and Satyam 70% down from the today highs at 179 and shown low at 49 bugs.
Last week to my surprise was great, Nifty started with 2857, with low 2812, high 3079 and closes at 3046. One can say exactly opposite than the previous week. This week closing just closed down by 31point by the opening of the previous week. But any way week was great and New Year was once again shining and glittering. But Markets were closed negative on the last day of 2008, by just 20 points in nifty.