December 22, 2010

The current stock market scenario

What investors often ask in blog posts, discussion forums, including market analysts is whether the turbulence affecting the Indian stock market is here to stay. The reason is simple. For some time, the share market news created ripples with the sensex and nifty indices reaching an all-time high, creating history. But the sudden downtrend puzzled many. It is no doubt true that Indian companies have created a rapport in the world markets as being clean and well managed. Corruption of course prevails everywhere and India is no exclusion. It is the intensity of the corruption that makes the difference. During the Satyam scam, the stock market witnessed a downtrend for days together. Currently, the downtrend is because of the house loan bribery and 2G scam followed by other domestic and world stock market circumstances. As per share market news published in many a news portal, market analysts say that the turbulence is not here to stay. It is a temporary downtrend.

Share market news also point out the fact that upscale won’t be super quick. The sensex and nifty will go up at a snail’s pace for some time with little falls. But the upscale is better than what was witnessed during recession and post recession.

To gain expertise in the stock market, it is not only buying and selling that is the key criteria. You will have to be equipped with the knowledge, stay updated with the share market news, and conduct continuous research.