Wish you all a Happy Dussera. The markets were in a see saw today. The sensex ended 1.24 points high at 31283.72 and the Nifty ended 19.65 points higher at 9788.60, the sensex was up by a 100 points plus in the morning and the Nifty was high by 66 points. Later the markets came down to current levels. It might be due to the long week end and the comments made by BJP veteran Yashwanth Sinha, about the current state of the Economy.
Good stocks like City Union Bank, have been doing well and many stocks like L&T Holdings have been doing quite well inspite of the fluctuations. The markets are in a trading range. There seems to be no support from major investors or institutions, so the markets are fluctuating according to the traders fancy. It is a good time to enter into stocks which drop and hold on.
