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Archive for December, 2008

The Indian Stock Market Situation

December 22, 2008 iMoney 3 comments

I am very elated to get responses from my friends who are investors and who are equally affected like me in the Share Market India. All of us were glued to the television like never before. All news channels carried share market news that created economic terror in our veins. News, especially india news aired on news channels still made it evident that the developed countries were the worst sufferers and the indian stock market is the least affected.

Stock Market India

Stock Market India

But loss is after all a loss. I have lost more 10 lakhs, and my dreams of buying a home in the near future were almost shattered. The BSE index, always displaying a downward trend during those pathetic two months almost killed me. Investing in Share Market India is a matter to be delved deep upon now. But as I have already invested in the indian stock market, I hope for good things to happen. I keep watching the BSE index in indian news, particularly those airing share market news. With the BSE index exhibiting an upward portfolio, I am heaving sighs of relief.

Thanks to the Indian government for taking up corrective steps.

The Sensex Factor

December 15, 2008 iMoney Leave a comment

I must thank the person who introduced the concept of Sensex…really I need to thank the person from the bottom of my heart. You invest and you get to know from Sensex, just sitting at home via the Internet or television how your investment is doing! The stocks going up and down is displayed so precisely via Sensex Index.

Sensex Index

Sensex Index

Companies listed in BSE that hold public shares, exhibited the most alarming Sensex figures, especially during the last few weeks. Common people like me…I have invested quite an amount…are the worst sufferers…thanks to the current situation. Now BSE Sensex is exhibiting some ‘heart-happy’ BSE index numbers.

The amount in lakhs converted an amount in thousands, and stocks being my primary source of income, I was very grief stricken. With the government providing loans at low interests and other measures to give relief to recession and with Sensex India in the path of a good phase, and above all bse sensex in an upward swing at this period, investors like me are looking forward towards hope. Let’s hope for the best that the Sensex Index, I mean the bse sensex goes up and up, bringing back cheers to lives of many.

Currency Exchange Crisis

December 4, 2008 iMoney Leave a comment

As I had a look on the fluctuating Currency Exchange Rates, I simply could not remove my attention from the online currency converter as who knows their value better than the one who has got his money plunged in the ongoing economic tumult. According to the currency exchange rates on the online currency converter, dollar is soaring high and the values of gold as well.

Currency Exchange Rates

Currency Exchange Rates

But Indian currency is slipping downwards and that is what is making me lose hope everyday. The inflation has gradually caught momentum and seems to affect the currency exchange rates in a fastened manner. The online currency converter, however, disappoints every time as the fluctuating currency exchange rates take the breath away.