ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Stock Market No More a Barometer

Stock Market: No More a Barometer Nishtar THE stock market has opened its account for the New Year on an opti- mistic note. It has staged a sizeable recovery from its December low. That the market should not have allowed itself to be the least perturbed by political uncertainties in the wake of thedissolution of Parliament for a mid-term poll, may appear somewhat intriguing. But the stock market barometer has long since ceased to register changes in the political weather. This is evident from the behaviour of Lyons Range which has kept calm and remarkably steady amidst increasing Naxalite terrorism and a deteriorating law and order situation in West Ben- gal Quite possibly, the market might not have been able to put up such a good show if the corporate news had not been pleasing. Delhi Cloth, Indian Dyestuff, Hindustan Motors, Food Specialities and Automobile Products of India

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