Inspiring Listing by MCX at Rs 1400 Levels~ 35% + Premium to IPO Pricing of Rs 1032…but will this level sustain ? Sensex too is up over 1.75% at levels close to 17500 My Risk Profile and Valuation Sense cautions me to remain a spectator as MCX plays out on the BSE and also refrain from advising […]
Indian Indices Up 2% today despite Reliance sulking !…Sensex surged 354 points to cross 18200 and close at 18202 while the Nifty rallied 116 Points to close past 5500 at 5532….Reliance actually dropped 1.43% to close at Rs 836…Just two others,Cipla and HUL dropped, while 27 Sensex scrips were buoyant today with seven of them surging between
Indian Equities Tremble…will the Sensex now break 15000 and the Nifty 4500 !? I think they will…… Read my views in the Scrip Standpoint Module here at http://www.growthavenues.com/index.php?option=com_content&view=article&id=2451&Itemid= Read my views as an Invited Guest Speaker earlier in the morning today on the Reuters Chat here at http://www.growthavenues.com/index.php?option=com_content&view=article&id=2443&Itemid= Cheers !
Sensex and Nifty Capitulates today !…down over 4% each as we near closing !…why am I not surprised ! It’s 3.07 pm and the Sensex is down 715 points or 4.19 % at 16350 and the Nifty is down 215 points or 4.19% at 4920 levels Cheers !
Traders need to check this out http://www.financialexpress.com/news/movement-of-big-us-shares-harks-back-to-black-monday/844321/0 The corelation of the top 250 stocks in the S & P 500 has reached 81%…the highest in a long time…the all time high was 88% in the Wall Street Crash in October 1987 when in a single session the Dow plunged 22% ! This means that 81% of
Sensex is repenting for it’s sins now…rightly retreating…sub 18000 enroute to 16000 !…as I blog the Sensex is currently struggling to stay over 17500 after a High of 17925 and a Low of 17314 …the volatility is a killer….some see it as a trading opportunity….Fools and Monies are soon parted ! Not going to say