But finally i made my mind and opened the mail and to my surprise the stock market has closed on the Upper circuit - First time in the history of Indian Markets....
UPA's undisputed lead and left being left out of any decisive role in the government has raised the hope of people for the stable and efficient government .Congress party-led UPA government is now expected to provide economic reforms, reduce deficit and boost government funds for development through PSU disinvestment.
This hope were truly reflected in the Stock market movements after the restless weekend for the investors.
This graph gives the movement of market
But after a excitement full day of circuit breakers, now there is a different question in the minds of investors and of course mine too- How will be the day tomorrow? will market rise further or the people will try to book profit and sell out their shares, bringing down the market with a rectification.
We college mates had just a discussion, where every other person was coming up with the different expression of the sentiments of the markets and how it will behave tomorrow.
This mystery is sure to remain till the market opens tomorrow. So lets keep our fingers crossed and pray for the steady rise of the market and help in reviving back the economy to its rising mode...
One of my friend had recently quoted " life is like a series of mountain , U climb one and come down when the other is waiting to be conquered". So lets hope the Market climbs the new mountain with this positive surge....
Rules regarding the Market Wide Circuit Breaker(MWCB) could be found at
http://nseindia.com/content/equities/eq_circbreakers.html
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