Forex Trading Account India
The main stock exchanges in India where most of the shares are traded are National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). Before investing in the shares traded in the Indian stock exchanges, you have to do a stock market analysis so that you can gain more money for your investments.
Indian Stock Market Analysis 2010:
The Indian stock markets including both National Stock Exchange and the Bombay Stock Exchange performed well in the year 2010 when compared to the previous year 2009. The index was sharply beaten in the previous year. But in 2010, the performance of the stock markets was good. The stocks lost most of its value in the year 2009. But this is an advantage for the investors who are sitting with a lot of cash to buy some fundamental stocks which are more cheap. Forex Trading Account India
For example, there are a lot of fundamental stocks which can perform well in the market. But due to the economic downturn and the financial meltdown in the united states, the Bombay stock exchange sensex dropped down sharply from its all time high index value of 21000 levels. The stocks were at a high price at that time. When the sensex started dropping from the 21,000, the prices of the fundamental stocks like Reliance Industries Limited, State Bank of India, ICICI Bank, Power Grid Corporation of India Limited etc started coming down and those shares are available at a cheaper rate now in 2010. So it is a good time to accumulate those stocks at a cheaper rates to EARN MORE MONEY.
Next Step: How to Buy the Shares?
You can buy these fundamental shares by online trading. You can submit a online application for opening a trading account. Forex Trading Account India
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