The Markets were good till Diwali, infact on the Mahurat Trading a special trading session Markets perked up. Markets have come down since Sunday, as it is a reaction. Markets had gone up due to lot of money been pumped in by Foreigners.
IT Stocks are gaining, FMCG stocks are coming down, due to the fatigue set in in this sector. Most of the companies have shown good results. In fact 16 out of the 19 companies in the sensex that have posted results have exceeded analysts estimates. The Indiam markets have performed very well this year out beating other emerging markets. A fear now is wether the US will continue its Bond buying programme. Markets might come down this week with only two days left, due to the reaction setting in. HAPPY INVESTING.
