During the Diwali festive season this year, the Indian financial markets showered big rays of hope with most of the sectors witnessing an uptrend and with the Indian capital market exhibiting the biggest boom ever. The financial market news sections in all news portals flashed information about the Sensex sparkling brightly touching 20,893 points, its highest ever. The sensex figures surpassed its earlier highest close of 20,873 points recorded on January 8, 2008. The Nifty similarly exhibited a good growth trend. This has resulted in the Indian financial markets attracting foreign institutional investors (FIIs) to put in money at a higher speed.
Under the prevailing market conditions, new investors needhttp://www.blogger.com/img/blank.gif to be very discreet and practical; hasty decisions should not be taken. All pros and cons and all considerations should be taken into account for satisfactory results. Of course, the financial market news will only lure investors to invest more and more. And no doubt what the financial market news carry are mirrors of what is really happening in the market. And cautious investment always pays.
Ebb and flow of the Indian financial markets is but a common affair. It is no surprise if the sensex and the nifty again exhibited a downtrend with the BSE benchmark sensex declining sharply by 848 points and the Nifty by 241 points.
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