2009-03-05 11:36:36 - Banks
and Oil index were down nearly three percent and FMCG sector also skidded thus the bigwigs ITC Britannia Industries Nestle Hindustan Unilever Tata Tea Ranbaxy, ICICI Bank, Reliance Capital, Reliance Industries, Reliance Petroleum, Unitech, Suzlon stocks were hammered down:
Sensex index came down to 8184 down by 262 points and Nifty touching low at 2574showing the bear trend prevailing and analyst in their opinions to find the market to bottom out in month of May:
Indian stock market
still govern by rain god and the results of general election will be the key to the market to stablise with added
spice Indian market to sustain global fiscal crisis corrections need to be adhered:
Silverlinning to Indian economy is comonwealth games in which the government has forceful expenditure and the coalition governments in center in ensuing General elections shall keep the GDP to just over four percent:
With inflaton declining and agarian output on rise along with crude oil international rate declining the Indian industries has the potential to grow for their intrinsic demands to keep the economy going and development public works in rural sector with better roads along with education and health center will help Indian economy grow to its pace with better future for its growth:
Most of the small industries are facing the toughest times and millions of units have closed down with trading picked up and more opening of south asian free market will see intense trading which may help in developing new small scale industry with better raw materials from abroad culminating to better producers:
It is need of the hour of Indian Industry to be hub of manufacturing of world economy with its strong force of technological workforce and availability of vast natural resources with adminstration and managment person at its best:
Author:
Naresh Sagar
e-mail
Web: www.nksagar.com
Phone: 9810974027
and Oil index were down nearly three percent and FMCG sector also skidded thus the bigwigs ITC Britannia Industries Nestle Hindustan Unilever Tata Tea Ranbaxy, ICICI Bank, Reliance Capital, Reliance Industries, Reliance Petroleum, Unitech, Suzlon stocks were hammered down:
Sensex index came down to 8184 down by 262 points and Nifty touching low at 2574showing the bear trend prevailing and analyst in their opinions to find the market to bottom out in month of May:
Indian stock market
still govern by rain god and the results of general election will be the key to the market to stablise with added
spice Indian market to sustain global fiscal crisis corrections need to be adhered:
Silverlinning to Indian economy is comonwealth games in which the government has forceful expenditure and the coalition governments in center in ensuing General elections shall keep the GDP to just over four percent:
With inflaton declining and agarian output on rise along with crude oil international rate declining the Indian industries has the potential to grow for their intrinsic demands to keep the economy going and development public works in rural sector with better roads along with education and health center will help Indian economy grow to its pace with better future for its growth:
Most of the small industries are facing the toughest times and millions of units have closed down with trading picked up and more opening of south asian free market will see intense trading which may help in developing new small scale industry with better raw materials from abroad culminating to better producers:
It is need of the hour of Indian Industry to be hub of manufacturing of world economy with its strong force of technological workforce and availability of vast natural resources with adminstration and managment person at its best:
Author:
Naresh Sagar
Web: www.nksagar.com
Phone: 9810974027
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