NIFTY - 1000 Points up in 41 Days !




NIFTY (5532)  -  It made low 4531 on 20th December 2011 and from there today it made high 5542. That is 1011 points moved up with in 41 trading session.

It seems it is because of FII pumping the money in the market. FII  investements data for the past 41 days says so.

But i suspect it is not because of FII but in the name of FII, one portion of money,  flow of illegal funds from  tax havens such as Mauritius, Switzerland, Lichtenstein, British Virgin islands etc. (indian black money) , which was parked earler in that countries by indians.

But as such, now enjoy the rally till it technically fizzled out