Tuesday 19 May 2009

Share market emerging in a stabilized mode

Not an expert nor am I so very conversant with the market conditions but feel like having my own observations even as a lay man on the subject. Market looks stabilized in the sense that it is now not found behaving erratic. Usual features which are quite natural for any market are there, and they have to be there, but they look set in a methodical order. Volatility, over buying, over selling, profit booking are all the essential ingredients of a share market and it just can't work without them but the system getting badly stagnated to them for considerably a long time is too cumbersome an experience for the traders but this stage comes only when the market lacks stability. May be, and so let us wish, the market is to work well with the new government in the country.

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