Continued market rise without and fundamental change is showing very clearly that India is heading towards general elections .Second Polical people or your masters are committing money laundary in this process by using few selected shares, public perception is clear in this regard that company does all kind of dealing and stealing in india.
One should not talk about in absolute numbers rather in terms of relative numbers. a 600 point correction/addition is 10% when SENX is at 6000 and only 3% when it is at 17K so sonsidering that not much of rice movment has taken place actually ....
(1)Profit booking has followed very sharp rising which again followed by sharp rising. (2)some particular stocks e.g Reliance Energy has gone on increasing strictly since last several days without much of fundamental basis (2nd Qr report is yet to come). All these should be examined by competent authorities like SEBI else bad days are looming large. FM's warning to retail traders etc will not suffice. Question arises whether economy has become suddenly so well overnight that justifies such steep rising with a slope of almost 90 degree. gradient
RE:Intensity of Volatiltility and continuous & improper rising of specific stocks
by darshak shah on Oct 04, 2007 05:59 PM Permalink
mkt shud see little correction in mth of Oct ......
Analyst may say any thing, but there is a possibility of market touching 20k by year end. Even at 20k level Indian market will be much cheaper (22 times p/e) than China's (40times p/e).
RE:boom IN sHARE Market
by lalit arora on Oct 03, 2007 11:02 PM Permalink
dear sir;dont panic.all investor have sold there portfolio.now this is d game between institutions.
RE:boom IN sHARE Market
by saurabh shukla on Oct 04, 2007 12:51 AM Permalink
very right, what ever retail is playing is in derivatives, which already expire by month. even ballon phoot gya, indian consumption itni jada hai, 40% decline led to another, 4 times rise. So ballon kabhi nahin phootega.
I have been watching the pattern of rise of sensex for the last few years. Whenever foreign investors are involved, they start buying the shares pushing up the price. One fine day they sell off the shares making huge profits. This triggers bear run and the sensex comes down heavily. Once again they start the process and it has continued ever since. This is not to underestimate the real worth of a company. On the whole most of the scrips are overvalued and Indian market shares need drastic correction.
RE:(Non)Sensex
by Mari on Oct 03, 2007 11:19 PM Permalink
100% right. Sensex is reflecting mainly on the stunt which FIIs and other major MFs play on the markets. Is there anyway to have control on it?
