Tuesday, October 16, 2007

Baffling Bulls and Bears!!

Once upon a time Sensex was a mirror of the Indian economy. Instability in government, terrorist attack and during the run-up to the budget the Sensex used to nosedive. There was a predictability of the market that gave confidence to the investors. The small investors were most affected with the ups and downs.
Now the scenario is very different as foreign investors take over the market. The Sensex in last few days soared madly, oblivious of the sentiment of Indian Economy. The reasons of such huge investment were the appreciating rupee and speculation on the stability of the US economy. But though this brought huge profits to the big players, most small investors were sidelined as they were taken aback by the market mahem.
Finally SEBI proposed to act against P-notes, lets see if this brings a proper correction and allow small investors to be play their part in the economic growth of their own country.

1 comment:

Deepak Gupta said...

now , P notes are gooing .. just another human nature , to be used till profits made