As we have said before in this blog, adverse Jupiter continues to hit Indian stock markets and Sensex is at 15985 !
Global cues takes their toll and alas ! Nifty and Sensex are down.
Warren Buffett, the world's richest man according to Forbes says that we are in a recessionary phase.
Prudence and restraint have to be exercised while investing. All financials are more or less down by 2%- JP Morgan, Citi, Goldman Sachs & Lehman Bros.
Despite this , Punj Lloyd gets at 500 m order. GSS America closes at 500 !
All Asian indices are down. Han Seng is hit hard and so is Kospi and Nikki.
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