So finally the judgement day has come. UPA govt wins the trust vote. The Manmohan Singh government has won the trust vote. In this trust vote, 487 members voted. 253 members voted for the government and 232 voted against the governement. According to me marketmen had the hint of the move, thats the reason they may have reacted positively today.
We had a seen a volatile sesssion today. Nifty and both Sensex both opened in the negative zone. After sometime markets moved in the positive zone. Rallied quite a bit around 350 points in Sensex. Corrected a bit, but closed in the positive zone. As mentioned that the if the congress govt stays, then the market will definattely have a positive reaction. Now it all depends on the Crude prices. At present it is tryin to stabalize, but u never know, it might be the silence before the storm.
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