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Stock Markets Zooms in response to Election Results

Jāmnagar : India | 6 months ago  
Views: 35

Its in the history of stock markets of India that markets has been closed for whole day in the wake of rise of more than 15 percentage just in the opening minutes of trading. Its first time there is upward so called circiut , its done when the all the shares in the market are on the rise of more than 15 percentage.

Its over whelming response to UPA 's impressive victory in the elections.In the first minute of trading all the indices were high and trading was stopped with rise of 1305 point on sensex. on resumtion of the trading again at 11.55 AM the BSE sensex again went up by more points to close with the rise of 2099 points , which is more than 17 percent rise.

All the people involved with the share market are of the view that now when single party or allinace has got the clear majority in the election will definately end the recession period , because they can take the policy issue decissions on their own and doesnot require other parties to involve and that better for growth of India.

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  • Posted By shackled001 shackled001 | 6 months ago
    Lets just keep our fingers crossed. winning elections i one thing but maintaining the government is another. We have seen the fall of democracies in the past in India and many other developing countries.
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