The NSE and BSE market in India is still hovering below the 18500 and 6000 marks respectively. Had crude oil prices not been lowered, especially because of the end of the Libyan crisis with Gaddafi ready for peace talks and had Japan’s condition worsened, the BSE sensex would have gone even below the 17000 mark!
In fact for two consecutive weeks, both the NSE BSE market had been greatly affected due to the Tsunami, earthquake, and nuclear crisis in Japan. The chaos now in this island nation is under control. The recent rise of the BSE sensex and nifty is also because of the Government's move to introduce two major reform-centric bills viz. Banking Amendment and GST Constitutional Bill, in the Parliament.
The NSE and BSE markets will no doubt remain bearish or bullish depending on the changing trends. It is no surprise if the BSE Sensex is in the uptrend or in the downtrend. Of course everyone loves to get returns on investments made and upward trend assures the same. You can swim against the volatility of the NSE and BSE market if you are knowledgeable and well guided by brokerage portals like nirmalbang.com.
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