Saturday, September 20, 2008

Interesting Facts!

NDTV: Do you think the Sensex might not ever reach the 21,000 mark again?

Shankar Sharma: There is very interesting statistics that no market in the world ever has given you six consecutive up years. It is no brainer that India has had five up years till December 2007 and sixth year had to be a down year. Further interesting statistics is that after five consecutive up years, 90 per cent of the time those market will never see those highs again for a minimum of three years. But I am not ruling out that you may reach close to 21,000 mark if there is sharp fall in oil prices.

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