Bloodbath in the market
- Thread starter anuragar
- Start date
Re: Bloodbath on the market
I guess one of the reason for Stock market crash is the fued between Ambani brothers to become richest Indian.
Anil lauched RPL IPO (which was unethical on his part as it was at the cost of current REL shareholders). This started people sell off to buy this biggest IPO in Indian history. And added to that weak global cues. Everything mixed up burning small investers.
Government should do something to protect small investors so that they don' get caught in the fight between big guys.
Your comments
I guess one of the reason for Stock market crash is the fued between Ambani brothers to become richest Indian.
Anil lauched RPL IPO (which was unethical on his part as it was at the cost of current REL shareholders). This started people sell off to buy this biggest IPO in Indian history. And added to that weak global cues. Everything mixed up burning small investers.
Government should do something to protect small investors so that they don' get caught in the fight between big guys.
Your comments
Re: Bloodbath on the market
CREATE AN OWN WEBSITE & CONTUNIE YOUR POSTS (POST AS MUCH AS YOU CAN). 
. BUT BEFORE THAT, DO NOT FORGET TO DELETE YOUR A/C FROM TRADERJI.
where was this fued at 21k???.....enjoying the fights between the two....& noe the duo routed everyone , the govt should save ???(or shave )
till senses closes abv 18500...enjoy the big brothers rout.....
till senses closes abv 18500...enjoy the big brothers rout.....
. BUT BEFORE THAT, DO NOT FORGET TO DELETE YOUR A/C FROM TRADERJI.Re: Bloodbath on the market
This is not about levels on teh sensex anymore. Nobody really cares about 18000 or 18500 or whatever. Shanghai, Nikkei, Hang Seng, KOSPI, Jakarta have all fallen more than us today. While in europe CAC, DAX and FTSE are just about flat to marginally positive right now. Depending on how they close and then how the nasdaq and dow close tonight the market will move up or down tomorrow. If the DOW actually falls tonight as the Dow fututres is indicating then I don't see how Asian markets can rally tomorrow. In that case the best case scenario you can expect a 1-2% fall tomorrow, worst case could be anyones guess. People are cheering about the fact that we closed above the intraday lows but, we still closed down 875 points. I mean if there was guy yesterday who was some how managing to pay for his losses in FnO, today he has lost even more. If there was margin pressure yesterday, today there is even more. So, its not index levels you should be watching right now, its the world markets.
This is not about levels on teh sensex anymore. Nobody really cares about 18000 or 18500 or whatever. Shanghai, Nikkei, Hang Seng, KOSPI, Jakarta have all fallen more than us today. While in europe CAC, DAX and FTSE are just about flat to marginally positive right now. Depending on how they close and then how the nasdaq and dow close tonight the market will move up or down tomorrow. If the DOW actually falls tonight as the Dow fututres is indicating then I don't see how Asian markets can rally tomorrow. In that case the best case scenario you can expect a 1-2% fall tomorrow, worst case could be anyones guess. People are cheering about the fact that we closed above the intraday lows but, we still closed down 875 points. I mean if there was guy yesterday who was some how managing to pay for his losses in FnO, today he has lost even more. If there was margin pressure yesterday, today there is even more. So, its not index levels you should be watching right now, its the world markets.
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