The Sensex will see 62111 closing above 61444 in the new week
(Gujarat News Correspondent) Mumbai; The Sensex and Nifty-based overbought positions in Indian stock markets have eased over the past week and small, mid-cap stocks have been in a slump. The stocks have been waiting for a correction for a long time after witnessing a long-term bullish-baroque indiscriminate storm. But each time, the funds have tightened their grip on the stock market, raising the bar of speculation by misleading many and bringing stock prices to extraordinary heights. With this, the Sensex crossed the 9000 level and the Nifty crossed the 1700 level, creating a new history. This level has finally undergone a major correction in the last week after the experts, who have been fighting the battle of stubbornness to feed the players of the recession and recession that have become inevitable at this level, have fed many. NSE Leverage in mid-cap stocks, too, has taken a toll on margins by plunging stocks into losses. With Nifty-based recession victims forced to do short cove