As slumping markets slow trading, forecast is cloudy for online brokers
Some Internet businesses may be heading toward extinction, and their share prices show it. But if online trading is here to stay, as most experts agree, why are shares of online brokers trading at levels that suggest a bleaker future?

No logic in software stock prices
The movement in the index was negligible this week. The rally of 258 points on Wednesday countered very effectively the large falls on Monday and Thursday. The week ended roughly where it began. This does not by any means suggest that the fall is over.

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The current bear market is two-months-old, and has taken the Sensex down 30% from a high of 6151. The most-affected were the new-economy stocks, which have lost at least 50% from their highs.


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