Posted By : Kishore B.S
The Markets now are in a very good mood, they are going up. There is a peculiar situation – the trade deficit i.e. imports are now more than the exports. Results of companies are mixed with some telecom companies showing less results this quarter.
The markets are getting push by the international situation like the US in a good position and not much of danger in Europe. Manufacturing Companies are doing well, the markets had been beaten down very bad so the only chance for the markets is to move up.
The news flow is not very bad and things seem to be positive all over. Foreign Institutions are also buying our shares. So we hope positivism continues and markets sustain the positive moves in days ahead.