yet another bloodbath at dalal street...
will be the tomorrow's headline in business news...
everything is going against the investor's way...
ddouble digit inflation...
sensex down in the tatters at 15,500...
petrol up by Rs.5
kya hoga ab...what worse than this now...????
i still put my neck out and say sensex will hit 10k or mayber 11k
the worst has just started
ye sab to trailor hai movie to abhi shuri hui hai dost :wink:
10k and 11k looks very scary... at the same time looks unlikely...
i think it might go to to 12k and then settle around 13-14k for long time now....
10k and 11k looks very scary... at the same time looks unlikely...
i think it might go to to 12k and then settle around 13-14k for long time now....
I agree, after not stop rise of last 5 years, sensex might spend a couple of years in range of 13-15k and then bounce to new high of 25k as Rakesh Junjunwala predicted
xcoolaryan SaysI agree, after not stop rise of last 5 years, sensex might spend a couple of years in range of 13-15k and then bounce to new high of 25k as Rakesh Junjunwala predicted
hi,
i think the condition will improve after the democrats come to power in the US this December...Obama has already been nominated from democrats' side...
i have seen that a lot depends on the Us economy as well...
My two cents, after yesterday's UPA meeting the Left strongly opposed Government decision on fuel hike, which made Manmohan Singh little pissed off. Also tomorrow Inflation numbers are due at 12:00 PM. Its everyone's guess that fuel prices hike will add another 60-65 bps in inflation going forward, market has already discounted that factor. However, the bigger threat will be on Satuiday, when UPA Alliance have another meeting, given elections in 6 states in next 12 months and General elections in March next year, if Left decides to pull its leg, markets will see down.
On a longer prospective, Inflation will come down in next quarter - the main reason being bumper wheat production in India because of which already wheat prices have come down in last 2 months and Australia which had drought of last 2 years, have good wheat and rice production, which will further enhance supply in the region.
Market might test 14,000 levels, but personally I see markets above 15,000 levels.
hi,
i think the condition will improve after the democrats come to power in the US this December...Obama has already been nominated from democrats' side...
i have seen that a lot depends on the Us economy as well...
But he's no better than Bush when it comes to economic reforms ...
Couple of days back, I read that Bush bringing Energy Reform Bill
Obama is in favor of this bill too, only Clinton has been resistant but now she's out of race, it seems it will be cleared this year
"The bill keeps America speeding down the wrong road toward more oil consumption, more drilling and more pollution," U.S. PIRG Legislative Director Anna Aurilio said in a statement.
Puys,
I would like to know whether there is any short term course (1-1.5 month) in stock markets...preferably from a known insti, and which is available in the major cities...planning to take up one before i join clg...
Plz do post if u know of one!
Thanks in advance
Sharang
Puys,
I would like to know whether there is any short term course (1-1.5 month) in stock markets...preferably from a known insti, and which is available in the major cities...planning to take up one before i join clg...
Plz do post if u know of one!
Thanks in advance
Sharang
yes there are many.....though reputed or not i will not be able to answer.
IIFT has come up with a short term course in stock market which is weekend course for 4 months from august to november.......so you and i will not be able to pursue, check IIFT ::. Welcome! for details....
Many other institutes like BIFM, ICFP offer 2-6 months courses. Check www.bifm.edu for varius courses. I am pursuing technical analysis from BIFM. 2 months course.
Puys,
I would like to know whether there is any short term course (1-1.5 month) in stock markets...preferably from a known insti, and which is available in the major cities...planning to take up one before i join clg...
Plz do post if u know of one!
Thanks in advance
Sharang
hi sharang,
i am not very knowledgeable in this very field...but you can also go for the NCFM certifications...
there are 15 different modules of the same...and the thing i liked is that you can take the exam at your own disposal...
i recently cleared the beginners module of the same...
according to your proficiency level you can go for the advanced modules also...:D
:new_terminator:I wanna 2 ask a question.......Is it possible for market to close at certain sensex and open on a new day wid another high/low sensex...FOr e.g sensex was 16000 yesterday nd is it possible it will open 2day at 16300 or 15000 .....well i think it happens only after market opens tat v c movement in sensex....Need an answer nd xplanation if i m wrong.....:rockon:
umeshlives Says:new_terminator:I wanna 2 ask a question.......Is it possible for market to close at certain sensex and open on a new day wid another high/low sensex...FOr e.g sensex was 16000 yesterday nd is it possible it will open 2day at 16300 or 15000 .....well i think it happens only after market opens tat v c movement in sensex....Need an answer nd xplanation if i m wrong.....:rockon:
Markets could open gap up or gap down, it is possible for any markets - Equity markets, derivative markets, credit markets.
Gap down and gap up openings occur when someone sells / buys without putting a price, usually a bulk deal. It also depends which Company had bulk buying / selling and its weightage in the Sensex. 1,000 points (16,000 - 15,000) is very huge, as far as I am concerned I never saw 1,000 points gap up or down, however, 200-300 (1.5%- 3%) points is common.
Gap down and gap up openings occur when someone sells / buys without putting a price, usually a bulk deal.
does that mean that the price is not known when the sensex closes but then after calculations it is amended ?
Fuzon Saysdoes that mean that the price is not known when the sensex closes but then after calculations it is amended ?
Yes, after market closes 3:30 PM IST, it has 30 mins to adjust itself for pending orders, but this adjustment is not responsible for gap / down opening.
For example - Reliance Power shed 30% last week when it opened, the stock was at 360-365 levels, the 1st trade took place at 312 and second trade at 265. It happened because before 9:55, there were so many pending orders and everyone was selling / going short on that scrip. As the market opened the pending orders made huge selling pressure on Reliance Power and the it opened gap down - you can relate same with broad market indices - BSE / NSE.
Hope that clarifies
oil hits all time high of 140 dollars
war b/w israel and iran may take oil to 250-300 dollars even who knows
Israel threatens war on Gaza and Iran - Telegraph
nasdaq down 4%
i guess we may break 15k on monday:shock:
Oil is on a new record, US jobless claims on a new high, dow is down 3-4%, inflation crosses 8% in India, fuel prices hiked, and the rupee is weakening. :
Thats the menu for manic monday! :
The next week start could be another black Monday which people expect to carry on to Tuesday also... 15k is expected to be broken by technical experts ... but there should be a bounce with in the next week after the furious fall the market has witnessed in the past few weeks...
So, What you all think?
Can anyone pick individual stocks in this falling market?
Say for example, if I like PNB/Future Capital/MTNL/Unitech which is trading at a very low price now. All these stocks aren't much affected by the Sensex free fall. Yes, they also follow some pattern but still.
I mean do I can take on company growth story or the future story and invest accordingly or everytime we have to take India as a whole?
I like the telecom sector. Idea is looking gud. Attractive price levels. Spice merger. National presence soon. Aditya Birla group backing.
Also something like Unitech looks gud. One of the biggest real estate players. No. 2 I guess. Gud price levels. Telecom venture has got licenses. Poaching talented people from competitors. Thinking big at least.
The turmoil started when on Friday - Morgan Stanley published an official report that Crude will trade at $150 levels by July 4th (I dont know how they published date ! ), anyways as soon as the report got out Capital markets in the US slipped downside, with Crude heated at $140 levels.
Atleast for this week, it is very dificult for the markets to recover, for Nifty 4450 is crucial level, from which it re-bounded in Jan this year, if it closes below that level, markets will set to make new lows in coming days!
CRR hike is also on cards for RBI - 8.24% Inflation is not a comfort zone for UPA government and they will create pressure for RBI to hike CRR, which will suck remaining liquidity from markets.
hi i am interested learn more about the markets here
as of all i knew a few details about the dalal street hehe
more to learn through the discussion here
this is a good thread
any suggestions from u puys to the newcomers to the market
can i get any online help if yes please direct me to those sites
hi i am interested learn more about the markets here
as of all i knew a few details about the dalal street hehe
more to learn through the discussion here
this is a good thread
any suggestions from u puys to the newcomers to the market
can i get any online help if yes please direct me to those sites
hi mahi,
try searching the same at google...
also i ll tell u the sites i use and was referred to when i started it...
Indian Stock Market >> Stock Prices >> Stock Recommendations >> Hot Stocks >> Stock Market Investing >> BSE >> NSE >> Derivatives >> Market Statistics >> Most Active Shares >> Penny Stocks India >> BSE index and securities information
Value Research: The Complete Guide to Mutual Funds (especially for mutual funds...)
Traderji.com - Discussion forum for Stocks Commodities & Forex
there a long list of such sites which you ll come across while googling for them...
so it ll be more or less your personal preference...:-)
hope it helps...
yeah raghav for ur valuable inputs