Monday 8 October 2007

Markets today

Sensex was down today majorly on account of political uncertainly with the ruling party hinting at mid-term elections. About 561 shares have advanced, 2435 shares declined and 45 shares have remained unchanged. Metals, banks and reality stocks have been hard hit. At one point market was down nearly 400 points or over 2%.

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DISCLAIMER: The author is not a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index or any other financial instrument at any time. While he believes his statements to be true, they always depend on the reliability of his own credible sources. The author recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, before making any investment decisions, and that you confirm the facts on your own before making important investment commitments.