NIFTY 50 future TRENDS

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kiranjakka

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Morning i was reading an article which says even if ECB cuts rates by 0.25% economy wont cheer up in fact negative for European markets they want more. that what reflecting in European indices all down.
Also, maybe because now the interest on deposits is ZERO. I think that they will now face the problem of private loan sharks and parallel economy.
 

SavantGarde

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Also, maybe because now the interest on deposits is ZERO. I think that they will now face the problem of private loan sharks and parallel economy.
It is just show of strength.... they are bent on getting their way & that is what it is.....by hook or by crook they will get QE-3....free money to trade.....instead of lending or for that matter following core services for which Banks are meant for....!!!
 
Nifty Move from 5000 level after break out on 6th June not at all convincing struggled hard to reach 5300+ level. Through out this one year 5370 appears hard for Nifty to stay above this level it had manged only short span of time ... 5370 a level to watch out for down side as i said before 5280 breaks next is 5218 as per Weekly and TL sup comes around 5250 Res. 5370
 
It is just show of strength.... they are bent on getting their way & that is what it is.....by hook or by crook they will get QE-3....free money to trade.....instead of lending ....!!!
Maybe even bring about a minor recession to get the authorities to release funds for the stimulus ???

And then the stimulus money will get siphoned off from the system and they will be back with the bowl...for QE4.

This, in short, seems to be RBI's dilemma. They lowered the rates too fast for the earlier stimulus packages in 2008-2010. Then they tightened it too fast. Now they are in a conundrum. There is a need for liquidity, but no logical/ economic reason to.

Let's see what the rumors yield. A spike in BNF, maybe :)
 
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