Web Analytics Business News This Week Sensex Slides below 17000 due to Selling Pressure | Business News This Week

Jan 27, 2010

Sensex Slides below 17000 due to Selling Pressure

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Business News This Week: The market was down on Wednesday, as Sensex was down below 17000 market due to selling pressure. The RBI is going to review its credit policy on January 29, which said to be the major reason for down fall of the market.

The mojor impact can be seen after the credit policy is done the RBI. With the fear of the changes in the credit policy, interest rate and CRR by the RBI, the market sentiments are big low and there is cascading  effect on the stock in Indian capital market. Investors do take the market sentiments into consideration and the its affects the transfer and velocity of shares purchases.

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