|
We had predicted that
"BSE Sensex can witness a sudden upsurge from 13th
December 1996 for a very short time, till Christmas
holidays." |
|
"The Hindustan Times" dated 22nd Dec.1996
carried an article by P.N.Vijay titled "Buoyant
week for market" which said - "It was
interesting that this type of rally should take
place at the fag end of the year. Normally this is
the time when shares should have fallen." |
The phenomenon was against
anticipations of all stock analysts
who were
expecting
new bottoms for the Sensex.
Also, this was for the first time in many months that the Sensex witnessed a rally of such a magnitude. |
