When the markets open next,we’ll be a day away from
a brand new month of trades and investments. September is usually but not
strictly the month when market indices start to head south. A lot of selling
activity takes place during this month. This is a historic trend. To see how
the market behaves at a time when the news of late has been much better than before,
with the recession receding and all that , will be interesting to observe.
Many of the fund managers and market analysts I’ve
heard from seem to agree that at the current levels the Sensex and the Nifty
will find it hard to maintain. So are we then heading towards a correction?
