“Hello readers…warm wishes for the year ahead on behlaf of MoneyBol team. My apologies for delayed posting of the monthly update. To make amends I have also updated the yearly review. Hope these are useful and informative for you.” – Praveen Bajaj,

Equity- BSE Sensex

Stocks started the month with a 200+ points gain on the first day but later started retreating touching a monthly low of 16601. Towards the end, stocks regained bullish momentum and in 6 trading days zoomed 863 points to close the year 2009 at 17464, gaining 3.18% since November’09.

Sensex

Sensex

Stocks started the year 2009 with a pessimistic note amid fears of global recession. Consequently Sensex remained subdued in the beginning of the year and touched a low of 8047 in March, 1600 points down from 9647 as on December 31. While the world economy is still trying to recover from the slowdown, Indian stock markets picked up quite early and since March, stocks have been on a rising path. Sensex closed the year at the highest closing for the year, 17464, returning 81% since December last year

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