October 23, 2008 AT 5:11 PM
As we assumed in morning, market was seen in negative index for the whole day. In afternoon, market bounced back by Financial Ministers announcement. But as we told in our post in afternoon, still market ended with negative index. Today market was seen crossing the support point of 10000 but still as we told that next support would be 9700, market was supported by this point. But as we told earlier, market would see new lows in cyclic fashion. At the end of the day: Sensex: 9771.70 ( -398.20 Points down) Nifty : 2943.15 ( -122.00 Points down ) Still guys we assume that market would see new lows in near future. So guys stay connected and book profits.....
October 23, 2008 AT 9:05 AM
Market bounced back from day’s low after the Finance Minister’s announcement on reversing short positions. He said SEBI has asked the FIIs to reverse short positions on borrowed shares. The Finance Minister added that short transactions are likely to be reversed over the next few days. Buying is seen in technology and capital goods stocks. However, the selling continues in metal, auto, selective oil, pharma and realty stocks. Still Market is seem to end with negative index.
October 22, 2008 AT 3:45 PM
As we assumed in the morning market was seen having downtime today. Market is assumed to see more down time in coming days. As we told bear didnot end. Metal index dipped 8% as profit booking was seen majorly in this sector today. Lot of selling was seen in the market. The global cues have played a key role in today's session. Among the Asian markets, the Nikkei sliped 6.79% followed by Straits Times, Kospi and Hang Seng, which fell over 5% each. Shanghai lost 3.2% and Jakarta fell 4.19%. Taiwan was down 1.62%. At the end of the day: Sensex: 10169.90 ( -513.49 Points down) Nifty : 3065.15 ( -169.75 Points down ) But as i stated earlier, market looks attractive for investment with 1–2 year horizon. So guys, go for long term investments now and stay connected...
October 21, 2008 AT 2:45 PM
Market was seen having good uptime for second straight day, today. As we discussed in the morning and yesterday, Indian market is having better times than other global market. The pullback rally was seen in the most beaten down stocks, mainly in the realty, technology, capital goods and banking sectors. Mid Cap and small Cap stocks also followed the same trend. At the end of the day: Sensex: 10683.39 ( +460.30 Points up) Nifty : 3234.90 ( +112.10 Points up ) So guys, today you might have booked a good amount of profit. But Remember guys, bear has not yet finished. For more detail about best investments practices refer our post Tips to invest in best way.
October 20, 2008 AT 3:37 PM
Indian Government is seen to take many positive steps towards Indian Economy this time. A sudden cut in Repo rate was really a big step towards the Indian Economy. This was the first Repo rate cut since 2003. RBI Meeting was assumed to take place on 23rd October, 2008 for Repo Rate cut, but it was surprising as well as good news to see that Today, RBI declared Repo rate cut with immediate effect. Now wait for the second quaterly results of few big companies on 23rd and 24th October, 2008, which would surely be reflected in the market. This time the government is really coming forward to normalize this crises.
October 20, 2008 AT 3:27 PM
Today, Indian Stock market was seen having uptime. As we posted in afternoon that market would go high due to Repo rate cut, The market trend was seen going towards north. In the end of the day, some selling was seen which led market to end by: Sensex: 10223.09 ( +247.74 Points up) Nifty : 3122.80 ( +48.45 Points up ) As we assumed in the morning the market remain positive throughout the day.. You guys might be having good time as you all know the trend of the market beforehand. Our daily analysis are our gifts to our readers.......So guys, stay connected.
October 20, 2008 AT 8:05 AM
The Reserve Bank of India has decided to reduce the repo rate under the Liquidity Adjustment Facility by 100 basis points to 8.0 per cent with immediate effect. It would reflect in trend of todays Indian stock market.. The Stock market is assumed to go up now ( today). so take step accordingly.
October 19, 2008 AT 12:01 PM
SPECIAL ANALYSIS This is the special analysis report produce by EquityPandit.com to help our visitors. We get hundreds of emails daily with the questions: - What would be trend of market in near future? - Why market is going down? - When market would stabilize? - What time market would take to reach again the previous heights? For last one month, I and my team including Mr. D.J. Shah (Financial Analyst, EquityPandit.com) is working on all these questions. And finally we were able to make all the questions regarding Stock market, transparent. Behind these following lines, there is a lot of analysis, which was done by EquityPandit.com Let’s move into the History of Indian Stock Market. The 1992 Cycle Market Peaked – April 1992 40% correction – July 1992 (3 months) Market Bottomed – April 1
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