Tuesday, April 10, 2012

OIL & GAS IMPACT

Government says to all gas company reduce their price upto 20% it is a major impact on all gas stock and market suffer pressure most of gas stock down 10% to 40% in opening session. But at last index close at green sensex up 21 points and Nifty 9% ahead. some gas stock down like IGL 33%, Gail 10%, Gspl 13%.

At night all Europe & U.S. market shut sharply more than 2% it is biggest fall in U.S. market it's also pressure to Asian and Indian market today there is some crucial time for Indian stock market because all world market suffer financial crises and indian market suffer from interest rate and inflation all these reason pressure on Indian market to go down.

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