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Market View
Tracked by: 0 Boarder
All the sectors excluding IT remains growth oriented & would bounce back to their levels again as they show long term bullishness & growth stories intact. While doubt about IT would be more intense when US the biggest consumer or customer of Indian IT companies is in deep financial crisis, so many are going to cut their spending on lavish & luxurious IT sector. Also, due to US employment problems, US Inc will start growing IT industry at home. I think people as well as many investors ignoring this again n again. Ignoring not going to solve the problem, it would create huge disappointments in coming years.
I think bubbles yet to burst in IT sector. Seeing IT 40% correction over next year. BSEIT index could hit 1000 benchmark. ...
Tracked by: 0 Boarder
All the sectors excluding IT remains growth oriented & would bounce back to their levels again as they show long term bullishness & growth stories intact. While doubt about IT would be more intense when US the biggest consumer or customer of Indian IT companies is in deep financial crisis, so many are going to cut their spending on lavish & luxurious IT sector. Also, due to US employment problems, US Inc will start growing IT industry at home. I think people as well as many investors ignoring this again n again. Ignoring not going to solve the problem, it would create huge disappointments in coming years.
I think bubbles yet to burst in IT sector. Seeing IT 40% correction over next year. BSEIT index could hit 1000 benchmark. ...
Tracked by: 0 Boarder
All the sectors excluding IT remains growth oriented & would bounce back to their levels again as they show long term bullishness & growth stories intact. While doubt about IT would be more intense when US the biggest consumer or customer of Indian IT companies is in deep financial crisis, so many are going to cut their spending on lavish & luxurious IT sector. Also, due to US employment problems, US Inc will start growing IT industry at home. I think people as well as many investors ignoring this again n again.
I think bubbles yet to burst in IT sector. Seeing IT 40% correction over next year. BSEIT index could hit 1000 benchmark. ...
In reply to:
Nifty tumbles below 3600; Metal, Realty, IT, Power dip 7-9%
Posted by :
MMB Messenger
Benchmark indices are trading near two-year low following steep fall in European and Asian markets. Metal, realty, power, telecom, technology, capital goods and oil stocks are being hammered a lot. Midcap and small cap stocks have also crashed. 
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MMB mod it seems has gone out of his mind..even simple messgaes with clear points are deleted..with impunity..MMB fast becoming junk?
I have always suspected that the so called "EXPERTS" have a vested interests&media,internet all have common vested interest in fooling the common public..they dont have the guts to respond to a different viewpoint rather...
In reply to:
Mkts freefall: Experts make sense of mayhem
Posted by : selvam
Do we still need the \\\\\\\\
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Do we still need the \\\\\\\\...
In reply to:
Mkts freefall: Experts make sense of mayhem
Posted by : MMB Messenger
Benchmark indices are trading near their two-year low following a steep fall in European and Asian markets. Metal, realty, power, telecom, technology, capital goods, and oil stocks are being hammered a lot. Midcap and smallcap stocks have also crashed.
Tracked by: 0 Boarder
Benchmark indices are trading near their two-year low following a steep fall in European and Asian markets. Metal, realty, power, telecom, technology, capital goods, and oil stocks are being hammered a lot. Midcap and smallcap stocks have also crashed....
Tracked by: 108 Boarders
Nifty at 1800? That will never come. Never ever. Unless there is a nuclear war of course......
In reply to:
WILL NIFTY HIT 3600 & SENSEX TOUCH 12000
Posted by :
sanjay38000
yes..let us reach 1800 on nifty first...
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Pathetic currently everything is uncertain ,An optimistic person has an horizon for 6 to 9 months for the Markets to roll on where has pessimitic view is for 2 to 3 years time frame. As nobody is actually able to predict the US Economy or behaviour of corrupt US treasuries....
In reply to:
Mkts took -ve cues from ECB not cutting rates: Rel Money
Posted by : MMB Messenger
Sudip Bandyopadhyay, Director and CEO, Reliance Money feels that a significant slowdown has been seen in China and the demand in commodities. He said that the European Central Bank not cutting rates was taken negatively by the markets.
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We saw that as 12,000 broke, there was a little bit panic in the market but the bigger break has happened earlier - the breach of the earlier 2008 lows which held after four attempts and those slicing through - that I think was the more important breach. ...
Tracked by: 108 Boarders
HLN Congratulations... Your verdict has finally come through... You must be feeling very proud at the moment... Its commendable prediction...
In reply to:
WILL NIFTY HIT 3600 & SENSEX TOUCH 12000
Posted by :
os
congratulation Hindlevernet . Keep it up .Is it your name hind +lever+net
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yes, exactly. But we have to trade cautiously so that we do not caught completely at the receiving end. Market may fool people who have sold stocks today at unbelievably year low price. Speculators can open market with gap up if anything positive comes from US and UK. Bulls just want a reason to pull back the market as was the case for bears in the past....
In reply to:
nifty may bottom out around 3600-3650
Posted by : sanjay38000
one thing we must rememember that their are alot of genius sitting and trading..we are the fools only...
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Today`s heavy correction in equity would have tremendous pressure on gold today also. Gold might correct 3-5% in today or tomorrow`s session. Fall more than equity can also be seen. Liquidity crunch, No relief from Equity correction & day to day cash would create sharp falls in gold. If not tomorrow then surely in some days gold fall would be unavoidable....
Tracked by: 108 Boarders
congratulation Hindlevernet . Keep it up .Is it your name hind +lever+net...
In reply to:
WILL NIFTY HIT 3600 & SENSEX TOUCH 12000
Posted by : hindlevernet
Hi investors,
Market will open with a huge gap down today.
Nifty may fall to the region of 3720 in the morning
hour and then recover til afternoon. From the resistance
range of 3780-3820, it may again start cracking.
Best of luck
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Shares of exporters, after a hectic weekend in Europe as the financial crisis gathered steam there, knocking the euro to the lowest in a year.
The BSE Mid-Cap index was down 6.47% at 4,375.04. Monnet Ispat (down 29.54% at Rs 298.35), S.Kumars Nationwide (down 25.90% at Rs 28.75), Spice Communications (down 21.45% at Rs 52), ICSA India (down 20.30% at Rs 174), and Great Offshore (down 16.45% at Rs 399), plunged.
The Small-Cap index was down 6.10% at Rs 5,132.22. Deep Industries (down 20% at Rs 69.70), XL Telecom & Energy (down 20% at Rs 102.35), Vakrangee Softwares (down 19.15% at Rs 107.85), Prajay Engineers Syndicate (down 17.41% at Rs 27.75), and Seamec (down 17.09% at Rs 77.85), slumped.
The BSE Mid-Cap index had underperformed the market over the past one month till 3 October 2008, falling 19.86% compared to the Sensex\`s 16.77% fall. It had also underperformed the market in the past one quarter, falling 9.38% compared to Sensex\`s 4.34% decline.
The BSE Small-Cap index had underperformed the market over the past one month till 3 October 2008, falling 21.73% compared to the Sensex\`s 16.77% fall. It had also underperformed the market in the past one quarter, falling 13.92% compared to Sensex\`s 4.34% decline.
-CM courtesy -
...
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Sir,
More new low level on the way.
...
In reply to:
sensex 11960 now
Posted by : inves_t_rader
And whats that shocking news?
Please share
Regards
Poll
Udayan's Market Outlook
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