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Monday, October 25, 2010

stock market

Mumbai is the premium place for the Indian stock market. Mumbai is now facing an unprecedented attack by shameless and coward terrorists who took hundreds of innocent people’s life. This is going to have a drastic effect on the Indian Economy which is already facing a tizzy situation. During the middle of this year the Indian Stock Economy was at its peak when several developed countries were victim of the stock market crash. Indian Market had attained the milestone of 21,000 points making its remarkable position in its history. It was expected to reach a bit higher from this position, but due to the uncertainty in the global market it had fallen to a great depth with millions of money wrapped around. The Leading stock of the Reliance Company has soared from Rs.50 to Rs 249 and it was expected to reach thousand mark. As this was in growth, money was flowing in superfluously and the Reliance had its peak investment during this year

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