“See I told you that the markets are going to rise,” was what the anchor’s face suggested as he read through his Friday market update on the business channel.
And why not, given that the BSE-Sensex’s 6.1% rise during the week gone by has raised hopes that what we saw during the past few weeks was just a passing phase of correction in stock prices, or so it seems.
“All is well!” the anchor said.
The expert on the other side of the table was confused whether he had just heard a statement or was it a question.
Anyways, he was called on the programme to give his views, so he said, “Well, I would say that things are definitely looking better now. And if people don’t buy shares now, they will regret after 18 months!”
[Read more…] about The Sensex can rise by 50%, or it can fall by 50%