On Tuesday Indian shares rose by 4.2 percent, on speculation the main opposition Bharatiya Janata Party (BJP)-led group was gaining momentum in national elections.
The BJP, which is perceived as market friendly, is seen emerging as the front runner in its race with the ruling Congress party-led coalition thanks to savvy alliance building. The 30-share BSE index .BSESN provisionally ended up 490.33 points at 12,173.32 points, with 28 stocks gaining.The 50-share NSE index .NSEI provisionally closed up 3.65 percent at 3,684.35.
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.
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.
Economic crisis has made the greedy business systems crystal clear to the public. As what seemed so easy years back has come as an invincible blow to the money lenders and mortgagers. In the Stock Market India, the scenario is predictably similar to what was expected earlier. Share market India brings out the fact how money lenders have brought down the stock & share market. The Indian stock market is also suffering the harsh blows of the same.
According to Market India News, housing loans, education loans, etc. were easy money earlier but now have flooded the market due to over indulgence and inability to pay back. Inflation rate too has reached zeniths now.
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