Wednesday, October 8, 2008

Sensex to reach 9300 Levels

Dismal selling across the globe contineus and sensex breached 11000 levels today. Panic selling is witnessed across the globe and most markets went into oversold territory. With UK PM announcing the bailout package of banks, markets got bit of recovery but as per experts this minor intraday swings will also get sold into.

Once again rumors starting flowing into the markets that sensex will touch 9300 levels soon and will bottom out around those levels.