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Wednesday, March 12, 2008

Indian Stock Market may show an strong upward move

US Stock Markets closed with a very strong positive move yesterday. It has registered the highest upward move in last 5 years. Dow jones closed yesterday with 417 points up and nasdaq with 86 points up. It was basically due to the positive announcements made by the FED yesterday. Taking cues from this recovery in the US Stock Markets, the asian stock markets also opened with a strong positive note. Indian Stock Markets are also expected to open on a strong positive note and show a strong upward move of more than 500 points.
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