September 12, 2011 by akhilendra
stock market for this week
Stock market for this week will remain nervous and volatile. Euro debt problems and news of another rate hike by RBI is going to keep stock investors in this part of the world on their toes. Inflation has been, as usual, out of control and RBI is primarily focusing upon checking it. Stock market news has been filled with negative news and stock market for this week may see some more downfall.
Stock market for this week is also threatened by the negative business news related to global economy. Current events in Europe are not very encouraging for the investing and markets trend shows that this kind of scenario is ideal for bears. Stock markets are yet to witness the worst and business community is very skeptical about next few months.
Stock market for this week depends upon a lot on these two news of euro debt problem and rate hike which would be clear in the coming week. Financial planning should be done with keeping these points in mind. Market trend is negative and there is already a negative impact of the previous rate hikes on the growth of the economy.
Companies are already feeling the heat of the high prices and falling sales. Experts believe that these rate hikes may still not control the inflation but eventually may severe impact on the GDP for this financial year. This can severely damage company profiles in the current year. Week in review is also critical from the point of market update which is going to influence the future course of it.
Everyone is expecting markets to fall further and BSE may even touch 14000 mark. Investors are fearing that downfall in Greece would cause up a stir similar to post Lehman Brothers collapse of October 2008. It may cause serious damage to European banking system.
September may be a crucial month for markets trend for next few months. Stock markets in India may see a sharp sell off with these negative news surrounding it.
Stock market for this week is very crucial in terms of where markets stands in next few weeks.
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