FII'S comeback pushes SENSEX | Nifty up

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Foreign institutional investors invested in indian markets thus showing the confidence in Indian stocks markets which would rise further now, European markets are still looking skeptical and are running almost flat.

Indian Stock indices like Bombay Stock Exchange's SENSEX and National stock exchange's Nifty are now maintaining levels of above 20000 and 6000 respectively, looks like Realty sector is getting heated up as is looking very bullish at current levels, however I think still some correction is inevitable in coming days as other foreign peers are showing stagnation signs. and might be Indian markets are overpriced at current levels. stock prices of IT companies are also showing growth as US and UK companies are showing more interest in outsourcing by cutting costs.

oming to yesterdays close Sensex ended at 20045.18 and NSE'S Nifty closed at 6018.30, up 58.75 points which is nearly 1 percent.