If Sensex’s touching 13000 today – the day of dhanteras – will be like fuel in fire, so it was yesterday in US when the bellwether Dow Jones crossed 12000 after dithering thereabout for a long while. According to experts, there are good many reasons why Sensex must soar, of which the main pointer being ‘above-expectation’ Q2 results by leading companies.
Be that as it may, a galloping Sensex brings cheer to the minds of lay investors like me, who always prefer shining sun in stock-markets. It’s all the more cause of cheer for those who worship Lakshmi and usher in new year on the occasion of Diwali. That the gold price is comparatively soft is also helping to add fervor to festive moments.
Talking of Diwali, perhaps it’s the first time that the NASDAQ’s giant 7-storey screen has been flashing Diwali wishes. This may be an indication that India’s stock-market has now carved out a firm place in global investment arena. [Image on the left/top is sourced from REDIFF]
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