future of the stock market....

Stock market this week may be going down. The US budget didnt have much effect on its market. The same way the budget announced by Pranab mukargee didnt have any effect on the indian stock exchange.

Without any other events expected in the next few days, you may see the stock market go down for the next few days. We need to wait for some event for the market to go up, and this seems to be unlikely. Elections are coming up soon and todays budget was the last for the present government, so any changes now is very unlikely. You may expect the bank intrest rates, etc to come down a little before the elections could start but that may not effect the stock markets.

The election times will be a good opportunity for the investors to invest since this is the time when the stocks will be battered the most. Although this might be a risk, in case there is no coalition government coming up but I feel its worth the risk. Absolute majority for any party is almost impossible. So lets wait and see the action (elections) and how it affects the stock market. Enjoy...