New all time high on Nifty....
It is proving everyone who is expecting correction wrong. It will give correction when no one expects it. That is how markets behave.
Smart_trade
I still remember the events when market crashed in Harshad Mehta time.
Rikshaw pullers were talking about stocks.
Peons in the offices were making money in the stocks.
Scooter mechanics were indulged in stock market.
People sold their houses and invested in stocks.
people borrowed money to invest in stocks.
people sold wife's ornaments to test their in stocks.
Euphoria was seen all around.
There was no sense of fear or caution around.
No body is willing to talk or hear about a crash.
Foretellers of crash were proved wrong numerous times.
And then the burst of market happend suddenly. I remember people committed suicide.