It is the sensex nifty that are the top news in all news portals and television channels. And it is no surprise if even housewives are glued to the television news channels to have a glimpse of the latest sensex nifty figures. In the present market scenario where turbulence is often seen causing the figures to rise and fall quite often, investors are in a dilemma whether to hold or sell. Due to the domestic corruption being surfaced, especially related to the 2G scam and housing loan bribery, the Indian stock market is no doubt affected. But foreign funds continue to flow in though with not the rate as was witnessed weeks back. Highs and lows are a part of everyday trading.
Another reason for the sensex and nifty slipping into the negative territory for some time is the announcement by RBI about its decision of not increasing its key policy rates further. However, the RBI has also decided to cut the SLR by 1% to 24%.
For complete news on the sensex nifty including the A-Z news of the share market, commodity market, mutual funds, and other financial news, you can rely on Reuters.