October 15, 2007

Sensex Soars

Its deepavali damaka at the markets. Today, it has crossed the 19K levels - a record highest. Majors boosters are Reliance Energy, ONGC, Tata Steel. With just 4 trading sessions, the sensex has zoomed from 18k to 19k. (fastest 1000 points!). FIIs have clearly pumped in massive amounts of money. But a sense of caution is advised for retail investors - the heights are quite dizzy. To join the game, just have to wait for the next big fall to buy fundamentally strong stocks or take the MF route.

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