Indian Markets soaring high

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It was less than two weeks ago when India was still struggling with its share market, now all of a sudden there has been a miraculous turn around of events. The market has recovered by 58% and the most unimaginable part of it, 400 companies have soared high by 100%. Its like a dream come true for the Indian investors from times of fear. Its all behind us now. With such an impeccable performance, world economy is now eying India for support and growth. India is truly a magic land for investors.

Stock market - India

Stock market - India

Out of the 2600-odd stocks listed on the BSE and NSE, 405 stocks have at least doubled their values from their 365-day lows touched in October last year. Simply put, one out every six stocks has gained over 100% from their one-year bottom. With sensex gaining momentum, the prices of many index constituents have gone up. Its la - la time for India. We at ZaaBiz hope that things remain the same for India over the future period, unless global recession is dumped and markets have stabilized.

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