Indian sensex experiences tumultuous strides
Author: Nirmal Kumar
Author: Nirmal Kumar
Indian Sensex is under an intensified pressure as the current market scenario turns unpredictable again. The recession is showing its after-effects on the global share markets and on the share market of India for that matter. The same uncertainty led to relentless selling activity as the investors go nervous about the coming local holiday and the result went as deep red for Indian sensex. The story is not limited to BSE stocks or NSE shares, it also combines in it the flavor of Asian indices fall along with European indices submitting to the already set trend of mixed results. Absolutely volatile as the BSE shares went languishing in deepening red though the investors made futile attempts to retain a position above the feared dotted line. What took the final toll was the renewed and vigorous selling activity in the final trading hour however; a GDP growth of 65 in FY10 could not do much to keep up the hopes of investors inclined. With mixed bang being the flavor of the investing season, the investors and the stock brokers are still in a dilemma where to invest and what rules to abide by as the current trend seems uncanny about the till date stock technical analysis. Such is the current share market tradingtrend that it is tough to tell what is in store for the next moment leave aside an entire day. Indian telecom sector too went weak in its knees as new business proposals were not too effectively declined else the merger between the two leading telecom companies had witnessed a win-win situation for both the telecom tycoons, Bharti and MTN. Pharma stocks too witnessed mixed results with key gainers Piramal Healthcare and Lupin harping tunes of success as Wockhardt and Dishman looked disappointed after closing in sheer red. So after all these unpredictable results what would the investors go by, the usual share trading tips or something inventive, something innovative completely driven by their own intuitive foresight. The call is theirs, of course. However, with the Internet having brought the entire stock market share to their homes, brokerage houses lay barren.About the Author:
Nirmal Kumar Soni is freelance market analyst and is writing reviews articles on stocks and shares, sensex india, shares trading, equity shares, online share trading and information on online free trading account, NSE Stock Market.