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Sens*x Cross 19K

Prakash Popat (3134 Points)

15 October 2007

Today's Sens*x cross 19K,What do You Say Further?

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14 Replies

Prakash Popat (3134 Points)
Replied 15 October 2007

Indian Market Illogically Move?

Prakash Popat (3134 Points)
Replied 15 October 2007

Market movement is Entirely control by Outsider?

Prakash Popat (3134 Points)
Replied 15 October 2007

Only Few Big Indian Corporate is directing Market?

Prakash Popat (3134 Points)
Replied 15 October 2007

What shall be the day's traders position?

Prakash Popat (3134 Points)
Replied 15 October 2007

As Per c.a Nikita FM statement “The rather steep rise in Sens*x sometimes surprises me, sometimes worries me. Our assessment is that Sens*x is driven by copious inflow of funds from number of sources. I don’t think fundamentals have changed so rapidly from day to day to warrant such a steep rise,” Mr Chidambaram said at Hindustan Times Leadership Summit here today.

Abhishek (Chartered Accountant) (142 Points)
Replied 15 October 2007

ya the market is being driven only by a few big players specially reliance....don't know how long will it continue but a correction seems to be around corner...

Ramakrishna (Financial Executive) (438 Points)
Replied 16 October 2007

Will there be an immediate correction or after the Sens*x posts a few more "K"s to its kitty?

Swati P (Chartered Accountant) (173 Points)
Replied 16 October 2007

SENSEX could even cross 20K in next few days... If there is no correction very soon... as it is the market is driven by BIG players... But one thing is for sure, after 20K... there r high chances of Sens*x falling down severly..!

Jeet Biswas (ACMA (in Service)) (5073 Points)
Replied 16 October 2007

rumours r alive that sens*x will touch 20k by diwali. but goin by the speed its headin, it seems that will happen much b4. but if the foreign investments drop, and the existing foreign investments r withdrawn, it will come down with a thud. till then, sellers enjoy...!

CA.Akhilesh kumar (79 Points)
Replied 16 October 2007

sens*x will touch 20k by diwali without any correction.All due to FII and there are no any reson for FII to withdraw their investment in near future

Ankit Dangayach (Chartered Accountant) (691 Points)
Replied 16 October 2007

This is liquidity driven rally fuelled mainly by reliance group stocks.Correction of 1000-1500 points can come any time.Retails investors should invest only in fundamentaly strong companies as risk reward ratio is unfavourable.