Equity Markets

Hi Junta
check contets.indiatimes.com for a contest on markets.
predict sensex...
ciao
nik

Here go the Commies again!!!

BJP hand in market crash: CPI

May 17, 2004 13:09 IST


The Communist Party of India said the historic crash of the stock market on Monday was a deliberate attempt on the part of the rightist forces to create a scare after the change of the government at the Centre.

"Earlier, the Sensex had been artificially boosted up. The Bharatiya Janata Party was trying to create an impression that India is shining. It has been shown in the elections that it was hard from the truth," A B Bardhan, CPI General Secretary, said in New Delhi.

"We realise the importance and usefulness of the stock market in present day economy but we also understand that there are certain forces who are creating the speculation and hype," he said, adding, "We are not at all scared by this and appeal to all those who have any doubts that we are for stability and stable economic growth that helps the poor and not only a section of the rich."

He said the party understood very well that speculative forces were at play in the market and a deliberate attempt was being made by a 'section of BJP' forces to create a scare about new government and the role of Left in supporting it.

Even on the question of divestment the Sensex had reacted in a similar manner, he said. "We want to tell that there is no reason for any fright and warn that such steps should not be resorted to, to influence the economic policies of the new government."

hey wow,gr8. these commies know what happens in stock market..
damn idiots.i will bet they don't have a bit of idea about it except the vague notion that it is a place fr the rich to blow their money away. we middle class don't exist fr them. these bastards sends their family to u.s to study and live and talk rubbish here. just yesterday saw surjit coming to a meeting in a ford or honda. heard basu lives king style. at least laloo don't show if he do.he is better than these all.

Hey people...
did anyone buy today???
Koi hai to bahar nikal ke aao!!!

I bought some shares in Hotel Leela Ventures...

A few days back Udyan of CNBC mentione people who are compulsive traders...i guess he was talking of my tribe...
couldnt resist myself...had sold them for 61 just a few days back...
if somebody else has commited the same sin, please come out with it!!!

cash hi nahin tha 😞 nahin to kharid leta

I bought SAIL & NIIT...but as voodoochild said, zyada cash nahin tha, so invested around 16k today...

nils Says
I bought SAIL & NIIT...but as voodoochild said, zyada cash nahin tha, so invested around 16k today...


Friends...Romans....countrymen...
here is one hell of a rich guy!!!

BTW, what is zyada cash for you man?

arey nick, look at the people here....people lost some 30k and all....mere paas to kabhi itna hota hi nahin he

well my portfolio has just halved in a week.....guess i timed it wrong...made some buys last week ...guess will have to remain quite for a few months...


Friends...Romans....countrymen...


guess thts going to b apt wit soniaji the PM
well my portfolio has just halved in a week.....guess i timed it wrong...made some buys last week ...guess will have to remain quite for a few months...

Friends...Romans....countrymen...


guess thts going to b apt wit soniaji the PM


He He He....
never thought of that one!!!

As far as the markets go....Lets hope Manmohan Uncle comes up with a good announcement today!!!
Hey people...
did anyone buy today???
Koi hai to bahar nikal ke aao!!!



I bought SAIL n MRPL. Same here...am a compulsive investor( i dont like being called 'trader' )

Hi junta!
Came across this topic just now, and decided to participate here. I am a dealer with a stocks and commodities broker (a franchisee of Refco Sify). Although I look after the commodities segment, but stocks is also an area of interest I keep tracking. Have been investing a small corpus for quite some time now.
The thoughts that come to mind immediately as of now are:

1. Don't know what kind of a payment crisis (on part of brokers) will today's carnage lead to. Even the Friday's "dress rehersal" got two reputed NSE brokers in Indore temporarily shut off for a day!

2. A very good opportunity for medium to long term investors. Those with deep pockets and sound understanding can sneak into derivatives. For the rest of the population, even the thought of leveraging in such a choppy markets would be akin to suicide!

3. Banks look good, but oil and gas PSU's can't be relied upon (courtesy, the Left parties) although they're going dirt cheap. Tech stocks didn't have a reason to fall to the extent to which they did. Can prove to be good picks in the medium term.

Disclaimer: The ideas expressed in this thread are those of the author alone and do not reflect those of the message board or his employer.

anyone into buying/selling today???
any idea which sectors will be favoured by Left & cong ...

hi,
new here on this topic. still have to catch up on the last 10 pages of messaging. Just got interested in the stock market as i invested my small fortune a couple of months ago in infosys.
was happy with the bonus, but the market gyrations are giving me a heart attack. Where do you see the stock going ? Any insider information ??? Should I hold, or should I sell ?
Kapil

smart recovery by the markets since morning...
from 28k it is 21k as far as my losses go!!!
Just hoping that these commies keep their mouth shut for some time...

P.S Who knows, maybe a laptop is still on

30k to 24 k !!!... 😃 ....laptop is still no no...nyways im going to go with deskie for other reasons too .......
markets look ok..but i wud say further drops are possible.....most of the hedge funds dont sell in full blocks.....the during the process" charges for selling all at once is higher in india...thts the markets falls faster while they sell huge chunks since indian markets are still small...so thy hold back part of their intended sell offs till such times as markets steadies once more...more so since most o the US hedge funds have low % of holding in emerging ecos..so not worried much about their losses due to booking of losses...with the fed looking certain to raise interest rates i wud say the markets still is on thin ice......esp. whn it has some lovely skating partners in commies and co. who have multiple left foots ....an amoebic n numbered left footed lefties...(gee i must be given a booker for tht !!)

soohASS

I would agree to the fact that we are in a big danger zone right now...
there are so many external factors that are also a cause of concern...
Fed's imminent interest rate hike is one and the other major factor is the rise in oil prices...

So lets wait and watch what happens...

Maruti coming out with its numbers today...
have decent stake in this stock so keeping my fingers crossed...

some relief for the makets after the news that Dr manmohan singh could be the PM

yipeeeee...
Maruti's profit at 157 crore compared to 53.6 last fiscal...(thats for quarter ended March 31)
Shabaash Mr.Khattar...
someday you will also be FM!!!

hi ppl...
i am back on the thread....(was on a vac for a looong time)...

ya...hands up all those who got their hands burnt with Reliance energy!!!!!!!!!!...

guess what guys....i had some shares of BSES and i sold them when i KNEW they were Literally overpriced at their 600+....some double the PE of tata powerr.....tooooooo much of over valuation....so i decided to sell it...and guess what happened yday!!!!......rel energy the biggest loser and i bought it again yday...and now i am waiting after this correction n this srip which was muuuuuuuhc required...

thanks thanks thanks to this thread adn my fellow analysts !!!

any success stories during this? any specific strategies that any1 got to say??