Wednesday, December 1, 2010

Sensex 330 points up today

Dalal Street at BSE
Due to the boom in metals, realty and banking sector Mumbai stock exchange Sensex ended 330 points up today. This was the result of good sentiments followed by impressive economic growth figures and boom in the exports. According to the stock-market experts market is in the bullish trend and is going to remain  so for some time with some in between profit booking exercise.

Bombay Stock Exchange’s Sensex today finally closed at 19850 going up 328.75 points that is 1.68% in single day. The sensex touched intraday low of 19525.15 and high of 19887.26. Broader markets of BSE closed in the green while the BSE midcap index ending 2.83% up and the BSE smallcap index closing 3.14% higher than previous close.

European markets also ended in green and US markets showed some positive response so experts believe that this rally is going to stay for some time in Asian markets too. All Asian markets ended in green today with good hope for higher volume trading in coming days.


Market Mantra said...

This rally may or may not last for long but still market is going up slowly for last some time now and all predictions were correct till date but still we need to play cautiously to avoid lose in case of corrections.

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