Thursday, September 22, 2005

A plunge of figures



Quite a familiar sight for the day, but none too appealing! The sensex crashed 292 points, and nifty found itself 91 points down. Analysts had cautioned that it was just waiting to happen. With the soaring indexes, market seemed to be headed towards some correction. But this is a correction, or a meltdown, that’s yet to be seen. The market sentiments have been euphoric, thanks to the FII intervention. But the day it stops, who will save the market? Millions of reports and new celebrities are born. This is the most interesting game, even better than cricket; because a lot of stakes are involved. Make a wrong move, and your wealth could go down the drain, or a smart move could give you riches. For now, let’s wait and watch!!

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