The Sensex crossing the psychological 12,000 mark, after seven months, is very encouraging for the industry. The Sensex is reflecting the global signs of improvement and expectation of an imminent economic recovery.  Indian economy has been passing through tough times and it is now felt that things may start looking up in the near future due to its intrinsic strength, said Mr. Krishan Kalra, Secretary General, PHD Chamber.

The Indian capital market has seen more Foreign Institutional Investors coming in, with FII inflows hitting Rs. 7000 crores in April 2009,  which has also contributed to the spurt in the sensex, added Mr. Kalra

Anjula Singh Solanky
Dy. Secretary-Media Relations
PHD Chamber of Commerce and Industry