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Indian Stock Market at Historic Highs

July 26th, 2005
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The Indian Stock Markets are at a new historic high as the Bombay Stock Exchange (BSE) monitored Bombay sensitive index, the Sensex breached the 7500 mark for the first time on July 25 2005 in its 130-year history. And is making new highs everyday.

The BSE Sensex and National Stock exchange (NSE) Nifty are the main Indian stock market indices. Stockbrokers say the stock market boom in the Indian stocks is being spurred by foreign institutional investors (FII) who are investing more money into indian stocks. India has become a good market for investors due to strong economic growth, growing exports and stock market reforms.

Many large blue chip companies are actively traded on the national and international stock exchanges like Reliance Industries, Infosys, Wipro, Satyam, Tata Steel etc.

A saying goes when your local street vendor knows that the stock market is booming, its time to sell stocks and exit with all the profit and money you made, since a stock market correction will occur soon. Any good stock tips to make more money in stocks, securities and derivatives (futures / options)?

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