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India Stock Market- BSE at 17000 and NSE at 5000

It is really hard to believe that Indian stock market is sky rocketed with both NSE and BSE are making new records. BSE is already above 17000 marks and NSE also touched today 5000 mark. Increasing stock market of India is also indicating towards a booming Indian economy. However, still there are number of apprehension which remains in the mind of the small investors that this upward trend will continue or soon market will take a corrective step. Even stocks experts have different opinions on this whole matter. Some believe that market will go further up till the Deepawali and then take some correction while other indicate towards a soon corrections in the market. The major boom in the market is created by the blue chip companies like Reliance, Satyam, TCS, Wipro, Bharti etc. The jump in the market has helped in increasing the wealth of the Indian industrialists. This increase in the share prices of the Reliance group of Industries has helped Reliance industries Chairman Mukesh Ambani become world’s richest Indian overtaking earlier richest Indian Lakshmi Mittal. However, on the other hand ordinary people of the India have not earn much from all this because most of the shares in the stock market belongs to rich class of the society. Definitely few middle class people who have invested in these shares must have benefited from this stock market rise. Present situation could be slightly tricky and investors are required to be little wit patient to avoid early purchase or selling.

Also read-Indian Stock market saw highest gain in Single day
India stock market crossed 20,000 mark for first time
Indian stock Market crossing 18000 points, what is next?
Mukesh Ambani is now Richest Indian in World
Indian Stock Market Reached 13000 mark
Live NSE and BSE (Live Indian Stock Market)

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