Market under assaultby Claudia Sonea

The stock market is the most unstable, you never know what to expect of, once you are in the top, then it goes down and if you don't sell it in proper time then you will be left with a bunch of worthless shares and big money losses. Last Friday this sort of changes took place. The Indian shares have taken everyone by surprise after it took by assault the market and rose 2 percent. Also the 30-share Sensex closed at 15,550.99, after swinging between a low of 15,224.82 and a high of 15,568.85, while Nifty grew 1.9 percent. The BSE Bankex rose up to 1.2 percent and among the capital goods companies Larsen & Toubro and BHEL were up 5-7%. Despite the fabulous rise of the share prices, many brokerages are advising to tread everything with a lot of attention and caution, because everything could change in an instant and not forget that until Friday, bank stocks were sliding on concerns that their profitability would be affected. The latest assault of the market had as explanation the fact that interest rates have been left untouched. In a note to its clients, CLSA has said continued weakness in world market will reflect on the shares too. Anyway if you want to invest keep you eyes on the market and no matter if you win or lose, don't forget it is a game of chances. Some do it for the game pleasure and some do it for the money. Just stay with your eyes wide open and connected to the Internet.

related story: http://economictimes.indiatimes.com/Stocks_News/Markets_ride_the_global_bull_wave/articleshow/2247295.cms

by Claudia Sonea for SigEx Ventures (http://sigexventures.com)

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