Sensex Surmounts 2008 Slouch!

Sensex Surmounts 2008 Slouch!With the end of August, BSE made a breakthrough recovery from the fetters of 2008. For the first time in last ten months, BSE jumped to 973 points.

The shares which contributed most in growth of Sensex included the shares of metal, banking, auto, refinery and realty. Although the Indian market stood best at the end of August, the American markets are still grappling with the ways of improving its position globally.

The BSE and NSE did quite well throughout the week beginning from Monday. As the Indian markets were closed on August 31 and September 1 duo to religious ceremonies in the country, the market which was closed on 30th August has brought fantastic news for the country’s economy.

There were a total of 30 shares which stood strong throughout the week on BSE. Just like BSE, NSE also raised to the height of 292.20 points, which was two weeks highest. Among the top gainers, DLF stood at the highest rank as its shares, jumped 18.28% to Rs 208 on BSE.

The investors are eagerly waiting for the market to re-open on next week so that real picture of the market s could be envisaged. It is believed that if the markets again hit high then the economy of the India can move to another high level.