After undergoing a severe beating for countless number of sessions, the Indian Stock Market had opened on a healthier note on Monday.
What is more important than the postive opening of the market by about 500 points is the sustaining of the upward trend. This is quite contrary to earlier trends.
One major victim of the beat the market mania is ICICI Bank Ltd. There has been a method to madness and it is still unclear as to why this Bank has been chosen by the market players for such a beating.
Does it have to do with the fundamentals or manipulations? Only time could answer intricate questions.