On Tuesday it was touched all time low Rs.64.14 to dollar it may cross 65 in near future and the gold was 28,390 last now it has been trading more than 31,300 per 10 grams it may cross 33,342 in near future. As per finance Minister P. Chidambaram some measurements were announced last week but still they are not yielding lack of clear information about all of them. They are Gathering 11 billion from international Market by increasing the taxes on various services and products import tax on Gold to. The sensex is fluctuating between 20,000 high and 15000 low in 2 to 3 years of period.
Two years ago the equity market was went to lowest level and recovered to higher level few months ago. In present situation India is facing few of the domestic issues and border security issues with China and Pakistan as well. The federal Government of India will solve the issues in near future one of the issue Telangana once bill passed through the both the houses peace will be establish in south region of India and there is lot of scope for new hopes on IT and other new establishments as well in both states Telangana and Andhra.
Primary domestic issue is up coming elections in 2014 the elections will definitely have an impact on Indian Stock Market because the government may change and new government will form their policies will definitely help the stock market to raise. as we seen in present period all most all the market were trading in lower level world wide and the currencies as well.
The Indian sensex may touch 16,000 lower level and Nifty may touch 4500 lower level in next few months then both market will start towards up level once they touched the above bench mark now the market moving one step ahead and two steps back it may continue for some time. Banking stock still continuing reaching their 52 week low level as per Reserve Bank of India(RBI) Policies all the banks will increase their lending rates which will definitely change the investors mindset so banking stock will continue declining for a while, where as Metal stocks will perform well in a couple of months and infrastructure stock will stable for some days then they will soon touch their lower level be catious about reality sector in near future. In present time the Indian stock market will give mixed results and will recover after some months long term investors need to have the patience for some period we keep update accordingly.
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