By C. Kutumba Rao - November 16th, 2009
Propelled by robust industrial numbers and positive global cues markets extended their gains during the week ended. On the Bombay Stock Exchange (BSE), the Sensex gained 690 points to end the week at 16,849 and the Nifty on the National Stock Exchange (NSE) scored double century to close barely below 5,000-mark at 4,999. The government's assurance that there will be no withdrawal of stimulus packages till the global economy stabilises, fast track clearance of disinvestment of some public sector units and a renewed buying from institutional investors kept the market sentiment positive. Keep an eye on the four important Bills to be tabled in the Parliament in the Winter Session. A quick passage will indicate the present United Progressive Alliance (UPA) government's resolve to implement reforms on the fast track. Barring any unforeseen negative cues from global front or any "ruckus" in Parliament over the UPA government's aggressive reform agenda, markets are ex