Monday, May 18, 2009

Indian Stock Markets Soar Historic High – 15% in 60 seconds >>>>

Indian Stock Markets Soar Historic High – 15% in 60 seconds >>>>
Yesterday we witnessed Indian stock markets soar overall 20% high in just 60 + 15 seconds of trading hitting the upper circuit. The trading had to be halted. The positive news of election results and a stable government in the country has boosted the sentiments of investors. Thus we saw such a rocket high index in just seconds of trading yesterday. This will create a lot of interest among the foreign investors to invest in Indian stocks. Can we say Indian stock market will now serve as an Oasis for the investors in the time of recession? Time will tell.
In my earlier articles I had a mention of the tremendous growth which India will witness in near term and medium term. I guess this is the dawn of the growth which we are witnessing. From the economy stand point in India, a stable government will now enable for some of the reform bills to be passed in the parliament. Most important of which is the Insurance bill, which is long awaited. Thus a good long-term investment can be foreseen in the insurance sector space. The real estate stocks also rose very high from yesterday’s rocketing rally.
Yesterday’s rally also helped some of the US stocks take a positive cue and hence we also saw some of US stocks in green. Thus changing the sentiments of investors towards a positive direction.
Overall a strong indication of growth. I feel, its now the right time to invest in some of the stocks which are still cheap to buy with a high potential to grow. Good time for retail investors to make money too.

Times are changing >>>>

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