Wednesday 4 November 2015

Sensex and Nifty to give up their rallies in protest of rising intolerance in India; GDP and Fiscal Deficit thinking on the similar lines

India's leading benchmark indices Sensex and Nifty decided to return their rallies started after the announcement of Narendra Modi as Prime Ministerial candidate of India. Both the indices told India Satire correspondent that they will return to September 13 levels when BJP officially announced Mr. Modi as PM candidate.

"We also want to contribute to award waapsi movement. Now that we are up by more than 35% since the announcement, we decided to give up all the returns and decline to pre announcement levels. We can't bear the rising intolerance in India and therefore we appeal all the key participants traded in us should return their price gains," an official release by Sensex and Nifty released today.

Sensex and Nifty were at 19733 and 5851 levels respectively when announcement of Narendra Modi as PM candidate came. According to a source in Central Statistical Organisation (CSO), India's GDP and fiscal deficit along with other indicators are also thinking on the similar lines.

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