yesterday night US markets went down around 200 points,because of that only our indian stock market is also down in the opening time.In the morning Bombay Stock Exchange(BSE)sensex went down upto 331 points. Afternoon onwards market start increasing and went up by 363 points(18070). National Stock Exchange index Nifty raised by 101.10 points at 5,303.10 with all the index-linked stocks moving up.Buying activity picked up after reports that inflation rate has declined to 4.07 per cent for the week ended on February 2 against 4.11 per cent in the previous week, mainly due to fall in prices of some food items, jet fuel, and select manufactured goods.Then PM manmohan singh told that government will take proper steps to appreciate indian rupee value.
UPSIDE MOVEMENT CONTINUES
Posted by Unknown at 5:58 PM
Labels: inflation concern, market upside movement continues, nifty, sensex
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