Wednesday, September 08, 2010


Indian stock market update as of 08 September 2010

The market has been oscillating a bit in the past few weeks. After doing increases in the past few months, there is a lot of speculation that the market is over-heated, and it is only the inflowing liquidity that is causing the market to go up. At the same time, the Government and the economy are all giving positive signals for the overall condition of the economy, which boosts sentiment (although it must be admitted that all the sentiment is overall feeling that a crash is imminent and is healthy for the market).
The US economy seems to be taking a slight up for the better, and that is a good sign overall. The Indian economy needs to hear that the talk of a double-dip recession is not going to happen, and that things will remain good and that the Indian economy will continue to have a good rate of growth. If this continues, there will be periodic dips in the market but the overall trend will be positive, which is what the stock investors of the country need.
Some stocks that I am tracking:
Action Construction Equipment
Ashhiana Housing
Jindal Poly (has gone up hugely in the last few weeks, but some scope still remaining)
Rama Newsprint (more long term)
Western India Shipyards

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Thanks to share that information with us, its amazing for business.Nice post
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