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Monday, February 7, 2011

Indian Stock Market is in Pressure due to Egypt's Unrest

According to market experts, worst not yet over for stock market, it may fall further.
The free-fall of the stock market is expected to continue in the coming week, with investors likely to reduce their exposure even further amid concerns over rising inflation and the volatile situation in Egypt.
Oil prices are expected to shoot up due to record low temperatures burning up fuel from inventories of western countries. As summer approaches the inventory build up will start and crude may start raising again aiding inflation.
If the political situation in Egypt isn’t resolved in a hurry, India’s underperformance relative to most other markets is likely to continue.

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