Tuesday, 25 September 2007

Market Recovery

Markets around the world seems to have recovered well. Bombay stock exchange is all time high and will continue bull run as festive season approaches. Gold will be a good invesment now as many people in India buy gold around this time of the year. It is 28 years high.

Also miners dealing in gold might be a good buy like BHP Billiton (BLT.L). Other miners took a beating today as metal price came down.

Banking stocks are best avoided. Northern Rock is due for further fall as they have done a U turn on the dividend and they are struggling to find a buyer.

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