The downward slide continued as the sensex plunged below the 16,000 mark during the day. The markets were shaky and have been nervous due to the oil prices hike. Market analysts interpret the rise in petrol and diesel as a necessary evil, but on the other hand also forecast the inflation to breach the 10% mark.
So, are the stock markets starting to slump or it will recover as it did a few months back?
The downward slide continued as the sensex plunged below the 16,000 mark during the day. The markets were shaky and have been nervous due to the oil prices hike. Market analysts interpret the rise in petrol and diesel as a necessary evil, but on the other hand also forecast the inflation to breach the 10% mark.
So, are the stock markets starting to slump or it will recover as it did a few months back?