Wednesday, November 7, 2012
OBAMA Brings The Positive Attitude to Market
Barack Obama's election as U.S. president after another has come back strongly in international markets. Obama's victory liquidity in the markets is expected to continue growing.
Taiwan composites, Cospi, Straits Times are up 0.7 to 0.4 percent. However, Nikkei and Shanghai Composite are sluggish.
Domestic markets, improved mood and Nifty has reached over 5750. At 11:40 am, the Sensex gained 89 points to 18 906 and Nifty is at 5754 up 29 points. Midcap and Smallcap stocks is 1 to 0.75 per cent.