Modi Magic At Work : Abki Bar Share Market ki Sarkar...
Sensex Crosses 25 K.
Sensex Crosses 25 K.
The
markets are trading at life-time highs for the most of the
month – March 2014. The Sensex for the last three days has now
consolidated and stayed put above the 22,000-mark with relative ease.
There may be many a reasons for the current up move, right from the
election perspective, strong FII inflows, earnings expectations and
many more.
The
oft-repeated mantra is that the Sensex trading level
divided by 100 is the number of seats which the market expects the
BJP to win. Looking back, when Narendra Modi was
declared the BJP's prime ministerial candidate, the market
expectation was somewhere around 180 to 200 seats and the Sensex was
trading in the 20,000 range.there are some good ranges for share
market and these time is very good condition. Over a period of time,
based on opinion and exit polls and along with its own research, the
market arrived at the conclusion that the number of seats which the
BJP will win will keep increasing, which has been
matched by a parallel improvement in the Sensex.
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