The Lorem Ipsum Blog

October 16, 2008

Sensex swings

Filed under: News — vasant @ 4:37 pm
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The sensex swings these days makes me want to get back to stocks but the lessons learned from my last foray keep me away from it. Look at this snapshot from the sensex page of Business Standard Live Markets.

Market 16_10_2008

Market 16_10_2008

All the broking houses are recommending buys as they were when sensex was at 16000 saying that this can fall no further. The intra day swings are interesting. Sensex at lowest levels for the year. Seems a repeating story for this year. Should stay away from the markets for a long time yet.

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