This week was the best week for the Indian markets in the last 10, as it gained more than 4.3%, taking gains this month to 6%, after sliding 7.2% in October, which was its worst performance in a year. Foreign funds have moved $14.8 billion into Indian stocks this year, lifting the Sensex …
Will Nifty see 6500 before next Diwali?
Posted on: October 16th 2009 in Market Outlook.
Last Diwali Sensex gained 499 points on Muhurat day (October 28, 2008). Nifty closed at 2865 managing a gain of 134 points. Nearly 1 year has passed and now the Nifty traders at 5100 levels, a gain of 78% in just 1 year. The 5-6 months of consolidation were very painful to the Indian inv…
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- Sensex17519.26+0.00[0.00%]
- Nifty5245.90+14.00[+0.27%]
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