It is a matter of worry to see the BSE index suddenly going downtrend with the Satyam mayhem and Nortel bankruptcy. The BSE Sensex at least exhibited an accelerating figure continuously with very little fall prior to that. My brother is an IT engineer and he has already been offered notice by his employers that they cannot take his services further. Similar is the case with a number of his colleagues. Most employees like my brother are all expecting the BSE sensex to display rising figures each day so that the complete economy is stable.
The declining inflation has affected BSE companiesdirectly, affecting us indirectly. I have heard, inflation has declined by more than half in a period of six months and that it would further go down. The BSE index has been showing mixed results. It will take years to regain its lost figures!
It is only stock market news that was the priority amongst my family members. I had incurred major losses and my company with three branches in metros was shut down. With stock market indices showing a slump day by day, I had no other option. I am planning to invest all anew, but waiting for the market situation to improve. Indian Market is still gaining grounds in few sectors as compared to global counterparts.
Unlike me, there are hundreds of bankrupt entrepreneurs who are dependent on bank credits. The recent upbeat in stock market indices is again in a downward trend due to the shocking financial slide by 80% of Satyam as the Stock Market News aired.
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.
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.