Share market in India experienced a fall as The Bombay Stock Exchange benchmark Sensex dipped by 88 points on the second last weekend of September, 2009. The reason behind this was that the investors and stock brokers were reluctant to invest amid weak global trends as an elongated holiday was expected towards the coming week. Moreover, the risk-taking vigor has vanished from the market front as investors are now turning away from stock investment to save themselves being tossed in this thrifty market. The National Stock Exchange index Nifty too experienced a dip.
The reason was the same; stock brokers and investors stood in a state of apprehension as the market closed quite unexpectedly down. Now what also added to the pressure as per share market live was that the weak trends in global market might incite the authorities’ world over to withdraw some of the encouraging measures which were applied in order to revive the economic depression effect from the affected economies. In addition, the trading sentiment too played its role as Citigroup declared its belief that Indian banks, equity shares and stock performance all would be under major pressure in the nearing future as the interest rates are bound to increase.
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