Bulls bounce back...

Todays was a market completely dominated by the bulls.

For starters, bulls are investors having a positive outlook on the markets, buying heavily in anticipation of price rise, leading to an increase in share prices.
In contrast, bears are the one who generally tend to be pessimistic about the markets, forcing them to sell, resulting in decline in share prices.

Not even for a second during the entire trading session, it looked as if it was under pressure due to:

• Marginal rise in Inflation, at 12.14% for the week ended Sep 6, compared to 12.10% a week ago.
  
• Crude Oil crossing the psychological level of $100 a barrel mark.
  
• Present global financial crisis.

Sensex opened in the positive in early trade (up 470 points from its previous close of 13316) & continued its surge upwards to close at 14042.32, up 726.72 or 5.46%. The wider Nifty also mirrored with a 207.1 (4.88%) points increase to end at 4245.25.

Though the end of the trading week was good (thanks to today's session), the entire week wasn't - following bad news from the US: filing of bankruptcy by Lehman Brothers followed by Bank of America's takeover of Merrill Lynch.

But, as they say, alls well that ends well. Lets hope for a better week starting Monday :-)