Buy with Amazon

Wednesday, October 30, 2013

All Prices are rising so as sensex New High again

31St Dec. 2013 Sensex Today closed at New High again at 21164.52 Mark up by 130.55 points. Nifty up by 47.45 points and closed at 6299.15. Rally is lead by PSU banks with PSU banks such as Banak of Baroda, Bank oF India, Oriental bank, Allahabad bank gained from 10-22%. SBI also up by 4%. Market opened down but get consolidated as 21000 mark not get breached. So Market is showing strength at 21000. 30th Dec. 2013

Sensex gives closing at 21033.97 it is sensex highest closing since 2008 and is inches towards it's record high of 21206.77 just 172 points from closing it touched that high in 2008 when market was on bull run it made new high in January 2008 after that whole world get engulfed in recession.

Market reached new highest after RBI move yesterday in which RBI hiked Repo rate by 25 basis points. RBI has taken initiatives to curb inflation which are welcomed by Market.

Also RBI cut MSF by 25 basis points.Also yesterday Fed also said that it is not in hurry to roll back quantitative easing.

Also interesting fact that Onion prices are on High.Milk prices on High then why not Sensex.

at

All Prices are rising so as sensex New High again

31St Dec. 2013 Sensex Today closed at New High again at 21164.52 Mark up by 130.55 points. Nifty up by 47.45 points and closed at 6299.15. Rally is lead by PSU banks with PSU banks such as Banak of Baroda, Bank oF India, Oriental bank, Allahabad bank gained from 10-22%. SBI also up by 4%. Market opened down but get consolidated as 21000 mark not get breached. So Market is showing strength at 21000. 30th Dec. 2013

Sensex gives closing at 21033.97 it is sensex highest closing since 2008 and is inches towards it's record high of 21206.77 just 172 points from closing it touched that high in 2008 when market was on bull run it made new high in January 2008 after that whole world get engulfed in recession.

Market reached new highest after RBI move yesterday in which RBI hiked Repo rate by 25 basis points. RBI has taken initiatives to curb inflation which are welcomed by Market.

Also RBI cut MSF by 25 basis points.Also yesterday Fed also said that it is not in hurry to roll back quantitative easing.

Also interesting fact that Onion prices are on High.Milk prices on High then why not Sensex.