Suspense to Continue

Suspense to Continue Nishtar THE stock market has been unable to improve upon its previous week's high and, instead, it has staged a precautionary retreat. Bullish fervour generated by the prospect of a stable and firm government at the Centre has cooled down. The market has done well in not allowing wishful thinking to colour its judgment. While it is reasonable to expect that the new government will be able to deal more effectively with the disturbing law and order situation and that this will have a favourable impact on the investment climate, the market has to reckon with a number of factors and not all of them are likely to be to its liking.