Tuesday, October 30, 2007

Sensex at all time high !

20,000 has been conquered. One humourist said it is like India winning the T20 World Cup.

Because of the CRR hike, the market came down by 200 points yesterday. Huge capital inflows are pouring into India and the FM wants to regulate these flows. Hence the PN Control.

Still uncertain are the ways of the Stock Market. Despite Crude hovering over $90 per barrel, despite political uncertainity, despite all adverse factors, the Sensex scaled 20 K ! Like the young Indian team which braved all criticism and adversities !

Jupiter moves over to Sagittarius on November 21. Let us watch and see what it will do to the Indian stock market and economy.

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