Another positive day for the market today - the market closed @ 18615 (up 112) and Nifty @ 5592 (up 32).
Despite all the bad news around - GDP growth estimates revised downwards to 7.5% for FY 12; the confusion that seems to prevail in the Govt - and almost no proactive action by the govt to get things moving ; Europe still reeling under the Greek Banking crisis ; the public spat between the Govt and Civil Society (Anna Hazare) over the draft of the Lokpal Bill ; New Telecom scam involving another DMK minister (Maran & Sun TV) -
Ok the list is endless.
Good to see the market improving (across almost all good scrips). Wait & watch - no new buying - despite all the SMS that you receive from the brokers these days. Buy recommendations in the last few days has increased substantially - and many of them have resulted in profits - since the market for the past 4 days seems to be going one way only.
Despite all the bad news around - GDP growth estimates revised downwards to 7.5% for FY 12; the confusion that seems to prevail in the Govt - and almost no proactive action by the govt to get things moving ; Europe still reeling under the Greek Banking crisis ; the public spat between the Govt and Civil Society (Anna Hazare) over the draft of the Lokpal Bill ; New Telecom scam involving another DMK minister (Maran & Sun TV) -
Ok the list is endless.
Good to see the market improving (across almost all good scrips). Wait & watch - no new buying - despite all the SMS that you receive from the brokers these days. Buy recommendations in the last few days has increased substantially - and many of them have resulted in profits - since the market for the past 4 days seems to be going one way only.
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