Markets were down today. The Nifrty was down by 68 points at 10628 and the sensex was down by215 points ending at 35012.
The good news is the Economy has grown at 7.7% in 7 quarters. This is a good achievement indeed.The markets will take this positive step for the long term. The bad thing about the Market is 600 stocks have hit 52 week low and 200 stocks have hit 52 week high on BSE. The continuous rise in petrol rates, and the coming together of the 3rd front is making the market nervous. With a host of elections around the corner anxiety prevails in the minds of the market. Markets, are in a trading range with participation by a few hands. So, the fluctuations in price are much.
