Sensex and it is very sensitive index

Hello All,
It was a hot and race session in Mumbai for the past 3 days. In the history of sensex, This was the first time where the sensex closed due to high volatile purchase. Sensex zoomed 2000 points in few hours of trading and market was shut down for the full working day. The reason was the elections where Singhji has formed a stable government for the next five years. Will this trend reduce the slowness in Indian market and especially in the IT industry? My answer is may be. Since the companies have got enough cash inflow for the past 2 days, they may try to invest more in their recent initiatives. But who knows? Any way let us welcome this trend and it will be a good start for Indian future.

Thanks,

Varun

The Elections 2009

Hello All,
It was been quite long time to cope up with personal and office works to write a small post. Though this reason looks childish I am unable to find any other reason. Things apart, we all had election and IPL fever (still continuing) this month. Elections - This was the first time in Tamilnadu where we had 70+ percentage of polling and the results outplayed or outsmarted predictions and it was awesome. People voted not for party not for slogan and they voted for reality and they voted for the individual performance. Examples P.Chidambaram and R.Velu. Doing everything for India and Tamilnadu alone was not enough rather you should do something for your own constituency. Another example is TR Balu and another is Vaiko. So democracy is still very much alive and the power is still with a common village person.

Thanks,

Varun