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will it raise or fall with the comingup of new year!

2006-12-19 03:25:50 · 6 answers · asked by tabu 1 in Business & Finance Corporations

6 answers

Indian Stock Market remained unpredictable since long, Analyst says as the FII activity will be limited up to 1st week of January, So the market will remain sideways, Some Says that the market is consolidating at 13000+ Levels, So, no major downfall is seen but the market will zoom very soon, perhaps in new year and we can see new highs.
Stock to Pick at these levels are : Siemens, Reliance Energy, Tata Steel, RCOM, ACC, Parswanath developers,

THANKS

2006-12-19 03:45:27 · answer #1 · answered by AVANISH JI 5 · 0 0

Here's the history of DJIA every New Year for the past 10 years:
2005 -> 2006 : up
2004 -> 2005 : down
2003 -> 2004 : down
2002 -> 2003 : up
2001 -> 2002 : up
2000 -> 2001 : down
1999 -> 2000 : down
1998 -> 1999 : up
1997 -> 1998 : up
1996 -> 1997 : down
1995 -> 1996 : up
1994 -> 1995 : up

Looks like it'll be up with the New Year.

2006-12-19 11:55:41 · answer #2 · answered by don.giovanni 3 · 1 0

Nobody can say for sure. The market is a long term investment.
If you try to invest short term you will almost always lose.

2006-12-19 12:06:22 · answer #3 · answered by Big R 6 · 1 1

It goes up and down...and thats all!!! Changes are based on emotion as much as anything...If we could predict it we'd all be rich....

2006-12-19 13:43:16 · answer #4 · answered by Rick 3 · 0 0

It will raise if not it will fall

2006-12-19 11:39:32 · answer #5 · answered by Nathan 2 · 0 0

When u know right answer, let me know.

2006-12-19 11:33:30 · answer #6 · answered by Anonymous · 0 0

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