Monday, February 06, 2006

Race on 10K

I remember in my earlier earning time, I was having a ambition to get my salary in 5 digits, After 9/11, I thought of going back to my farm and do agriculture and start milk bizness with altered Willys Jeep. Some how my previous company managed to retain me and releaved when I got a good opening. Similar kind of scenario for India Stock market today.

When Sachin and Shewag opened for India first ODI with Pakis, the Sensex has hit an all time high of 10,031 with a gain of 52 points. It is a tragedy that none of the public knows about this and they were sunk in TV for match. Anyway Monday was not good for Indian cricket fans rather Investers in India.

While I hear experts showing apprehension about another stock market scam, the finance minister and Sebi keep assuring us of fair play. Time will only tell if it's for real or this 10K mark is just an illusion. What is more alarming is the speed at which sensex is scaling newer heights. The way things are moving, I guess soon the sensex will cross 20K barrier.

1 comment:

Sol Y Nila said...
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