Amidst volatility the markets have slipped in deep red. The markets ended weak after a choppy session with the BSE Sensex closing at 452.82 points down 10,938.61 levels below the 11,000 mark.
In intra-day trade, it slipped to a low of 10,799 levels. The market tried to gain some momentum during the day but the due to heavy selling and some disappointing Q4 results, it again slipped in deep red.
Now all eyes will be on the stock indices on Monday. The BSE Sensex had nosedived 1279 points approximately in the last two days, the highest-ever absolute fall for the index.
Reacting to the Thursday's losses, Finance Minister Mr. P Chidambaram said on Friday that the crash had been a "manufactured crisis". Even he mentioned that the government is not looking FII’s as traders and they will be considered only as investors. Even this promise was not enough for the market to rise.
The question which comes to my mind is that “What should retail investors do at this moment of time?” Whether they should continue holding the stocks, hoping that by next week, the markets will flourish again. Or they should sell their stocks because sensex can go down further. “What will be the future of small investors?”
How much correction is still needed in the Sensex? Or till what time we’ll continue fearing from Black Monday, Torrid Thursday or Freaky FryDay. The last and the most important question is that how this crash will effect the future of Aam Aadmi….
Please Note: I’m neither an investor nor a trader. But try to follow the markets closely because of my interests.
In intra-day trade, it slipped to a low of 10,799 levels. The market tried to gain some momentum during the day but the due to heavy selling and some disappointing Q4 results, it again slipped in deep red.
Now all eyes will be on the stock indices on Monday. The BSE Sensex had nosedived 1279 points approximately in the last two days, the highest-ever absolute fall for the index.
Reacting to the Thursday's losses, Finance Minister Mr. P Chidambaram said on Friday that the crash had been a "manufactured crisis". Even he mentioned that the government is not looking FII’s as traders and they will be considered only as investors. Even this promise was not enough for the market to rise.
The question which comes to my mind is that “What should retail investors do at this moment of time?” Whether they should continue holding the stocks, hoping that by next week, the markets will flourish again. Or they should sell their stocks because sensex can go down further. “What will be the future of small investors?”
How much correction is still needed in the Sensex? Or till what time we’ll continue fearing from Black Monday, Torrid Thursday or Freaky FryDay. The last and the most important question is that how this crash will effect the future of Aam Aadmi….
Please Note: I’m neither an investor nor a trader. But try to follow the markets closely because of my interests.
4 comments:
Hi. man. i recall tellin achin bhatia on hw everythin is not rosey... and lo...the market falls, No intention of saying that i ws rt though. But i feel that the bull run had been long and its a gud sign dat the market is self correcting. may b dis dip will push the downturn a little far, but certainly nt out of sight.
Hey Drj, I dnt think the fall is wrong coz thr was a need for the correction n that is, what is happening….. And I believe that this mkt will rise more firmly than before once the needed correction has been done…. Yes as u said that it will not go out of our sights…....
Abey Saley ye batao tumko ye sab likhne ka time kaha se mil jata hai ...office may koi kaam dhaam nahi rehta hai kya...? or you manage all this stuff on sundays...as i have also made my blog but till yet havn't written anything b'coz time...
bas be time nikalta rehta hun.. waise zyada tar weekends par hi likhta hun aur weekdays ein post kar deta hun...... :D
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