Saturday, June 7, 2008

Stocks falling

Hi the stock market has lost around 1000 pts over the week. The petrol price hike did reduce the burden on OMC's but inflation worries gripped the market causing a loss of nearly 447 pts on wednesday. Thus the market seems to be on a downward trend and i think it will fall below 14500 in the coming days. So investors wait and watch don't be eager to purchase.