07-21-2009, 04:08 AM
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--><img src='style_emoticons/<#EMO_DIR#>/smile.gif' border='0' style='vertical-align:middle' alt='smile.gif' /><!--endemo--> Overall, the Sensex recovered sharply last week by 9.19 per cent â the highest in Asia â on better monsoon prospects, better-than-expected results from Goldman Sachs and Intel and several statements by key ministers, including the finance minister, on the fiscal deficit and economic reforms. The entry of Foreign Institutional Investors reflect their confidence in India's economic recovery.
Besides the monetary policy review on July 28, market players would be looking forward to announcement of the governmentâs disinvestment plans, key corporate results and global cues.
According to market analysts, sensex is likely to climb 14 per cent to cross the 16,000-mark in the next 12 months, riding on improving macro outlook and liquidity conditions.
http://news.in.msn.com/business/article.as...=3106099&page=3
--><img src='style_emoticons/<#EMO_DIR#>/smile.gif' border='0' style='vertical-align:middle' alt='smile.gif' /><!--endemo--> Overall, the Sensex recovered sharply last week by 9.19 per cent â the highest in Asia â on better monsoon prospects, better-than-expected results from Goldman Sachs and Intel and several statements by key ministers, including the finance minister, on the fiscal deficit and economic reforms. The entry of Foreign Institutional Investors reflect their confidence in India's economic recovery.Besides the monetary policy review on July 28, market players would be looking forward to announcement of the governmentâs disinvestment plans, key corporate results and global cues.
According to market analysts, sensex is likely to climb 14 per cent to cross the 16,000-mark in the next 12 months, riding on improving macro outlook and liquidity conditions.
http://news.in.msn.com/business/article.as...=3106099&page=3