ASSOCHAM
Stock Markets/Finance The Sensex to touch 20,000 mark soon says ASSOCHAM With the return of the foreign institutional investors (FIIs) and increased liquidity in the global markets, the focus is back on the Indian stock market where the benchmark Sensex is expected to reach the crucial 20,000 mark in the near future, an ASSOCHAM study has said. At present, the Sensex is trading at 18760 and the Nifty is at 5650-5670 FIIs have brought in net Rs 19,000 crore ($3.5 billion) in the Indian stock market in September, the highest monthly inflow in seven months, building on the confidence that was brought in by some of the decisive reforms measures taken by the UPA government in the past few weeks, it said. The bold initiatives by the Government coincided with the quantitative easing of liquidity by the central banks in the US and Europe which are making desperate attempts to reinvigorate their economies. “On the other hand, the reinfusion of confidence by the dom...