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Unlucky Friday

Unlucky Friday

Last week the market fell almost 16%, the second highest fall in its history of 29 years. This trend prevailed as Sensex slipped to being a four digit number with the Friday closing at 9975 points with a 5% decline this week. After closing at 10,527 last Friday, the BSE Sensex shot up by a whopping 781 points on Monday, to close at 11,309, up nearly 7% from its previous close. This sudden spurt resulted from the massive bailout plan announced by the European Union and also on the back o


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