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Monday, November 2, 2009

Indian Market Volatile Today


Volatile movement witnessed in Indian market today.Indian Indices opened lower after a big gap of three days. The second quarter results by companies were also disappointing. Buying at lower levels helped indices to bounce back. Last week Indian indices were down by 5.5 percent. In October indices were down above 7 percent overall.
Planning commission's growth forecast of 8 percent also influenced Indian traders. The sell off in Global Indices also was another reason for the bear arrival. Going ahead mixed response will be there in Indian indices. Now is the right time for an Intelligent investor to enter into the market.

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