http://blogs.reuters.com/moneyonthemarkets/2009/03/12/sensex-gains-amid-mixed-econ-data/ A maturing market amid the mayhem Thu, 22 Nov 2012 11:50:01 +0000 hourly 1 http://wordpress.org/?v=3.4.2 http://blogs.reuters.com/moneyonthemarkets/2009/03/12/sensex-gains-amid-mixed-econ-data/comment-page-1/#comment-46 A.Kapoor Thu, 12 Mar 2009 15:04:14 +0000 http://blogs.reuters.com/moneyonthemarkets/?p=251#comment-46 When Dow Jones leads,Sensex follows.DJIA had gained in past two sessions so when Sensex returned after a break,it had do some catching up with global cues.What is more,Sensex Futures are +22 points which points to another positive day tomorrow. Sensex bravely ignored news about fall in industrial output in Jan.09(Y/Y).It may be a sign of optimism that industrial production may start to regrow in April-June 2009. The government must support this optimism by acting quickly and decisively.Let repo rates be reduced further,and bankers pass the benefit to the borrowers. When Dow Jones leads,Sensex follows.DJIA had gained in past two sessions so when Sensex returned after a break,it had do some catching up with global cues.What is more,Sensex Futures are +22 points which points to another positive day tomorrow.
Sensex bravely ignored news about fall in industrial output in Jan.09(Y/Y).It may be a sign of optimism that industrial production may start to regrow in April-June 2009.
The government must support this optimism by acting quickly and decisively.Let repo rates be reduced further,and bankers pass the benefit to the borrowers.

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