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Last Updated : Sep 02, 2015 08:16 AM IST | Source: Moneycontrol.com

Market at inflection point?

The problem for this market is that the foreign institutional investors (FIIs) are selling and they are not selling big.


This is your pre-market trade set up which does not look extremely bad. I know it is a big bull statement to say that after yesterday’s fall. The point for this market is that this is a technical fall now. US, every morning you are seeing what is happening to the Dow and we are reacting to that; at some point that is going to break. However, the problem for this market is that the foreign institutional investors (FIIs) are selling and they are not selling big.



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First Published on Sep 2, 2015 08:16 am
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