Indian Stock Market: Last Week was a very cheerful week for Indian Stock Market. Other global market also ended positive for the week. BSE Sensex led the gainers in the world which showing an uptrend of almost 12% for the week. Inflation also saw 33 year lows at 0.27.
Other Asian Markets: The other Asian markets such as Hong Kong (up 10%), Japan (up 8.6%) and China (up 4.1%) closed the week on a strong note as well. It is believed that Asian stocks posted their biggest weekly gain since August 2007 amid optimism that governments worldwide will succeed in reviving lending and global growth.
Global Market: Other global markets ended the week on a firm note as well. The US and Brazil led the pack of gainers by recording gains of 6.8% and 4.6% respectively. They were followed by the European indices, with Germany, France and UK recording gains of 3.3%, 1.8% and 1.5% respectively.