Moneymanagement’s Weblog

Did the stock markets prempt the no trust vote.

Posted in Uncategorized by moneymanagement on July 23, 2008

The high drama that prevailed in the Lok Sabha may have kept the nation hooked to their TV sets so much so that the TRP of the Loksabha TV was higher than any other TV channel.

It however seems that the stock markets already knew that the Congress government was going to win the vote. The stock markets have been on the raise for the last  few sessions.

The day after winning the vote the market is rejoicing and the SENSEX has opened over 650 points up.

Are the bearish days behind us? Was this the mysterious reason why the stock market was falling like a rock? Can we please see a bull run now?

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