2008 has not been a healthy year so far for the Indian Stock market.After climbing 21000 Bse index touched 6 months low on 7th March dropping very sharply below 16000.Will indian markets recover or it is in the path of shedding all its rally from 2004,it remains to be seen.This the break situation for the Index,further downside from here can only see the sexsex in the 15200 range.All the sectors faired very poorly in the friday closing.The sentiments is very poor no volumme coming.Budget has not spurned the sentiment but on the other hand it has sulken further.US economic apathy continues to haunt Indian market.How long???can FM?? CAN Domestic Investors(Mutual funds)lend a hand in bringing this market up or they wait for the 4rth quarter results???Anyway the situation is very alarming SOS IS NEEDED.
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