Home > Market View > Sensex up 500 points- Return of the large caps

Sensex up 500 points- Return of the large caps

Wednesday, September 19, 2007 Leave a comment Go to comments

Large cap stocks seem to be making a comeback after a brief lull.Telecom sector is again showing some strength after remaining an underperformer for last month or so.

As I had written earlier- Banks and Cement sectors are showing renewed strength. Real estate is also fired up as it is an interest sensitive sector. HDIL and DLF are making new lifetime highs. DLF has been discussed here.I personally do not believe that Indian interest rates shall go down that fast but this is all about “sentiment”.

For a change even IT is up today. Let the euphoria die down and then we shall see the clear winners. Today it is a party time for almost everybody!

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