Markets were up today the Nifty rising by 22 points at 10772 and the sensex was up by 83 points at 35657.
Markets are see sawing by up one day and down one day, this is due to lack of participation by institutional investors. What happens is, when markets are dull some interested players take over the markets pulling it up and down. It might be short covering as the markets fell yesterday. A rise and fall of high frequency is not good as it tends to loose confidence in the minds of serious investors. Berger paints is a stock to look out as they have taken over a Japanese Company. Today Auto stocks led the gains. One should not look at gains in one day, a good stock falls, due to trading in that particular scrip.
