Indian Stock Exchange again in upward direction
10.31.07 (10:25 pm) [edit]
Indian Stock Exchange again in upward direction. Nifty reaches near to 6K ( 6000 mark), while BSE again hit 20K mark ( 20,000)
This may be due to US Federal Reserve cut interest rate by 25 basis points. And this is the second rate cut this year ( according to some sources). Abd due to this reason ( may be ) FIIs money inflow in the Indian market, a factor to increase in Indian stock exchange.