The Reliance drama is over and the markets tumbled, again. Today the sensex tumbled 76, ending at 9237. The mood was pessimistic through the day.
Once again the crude and the Asian markets were on the lips of the media. This usually happen when the markets start drifting down. The present state
of the Indian Stock Market is such that, we want to be convinced that this time it is different, but at the same time are scared to be the last ones left in the market.
We have got so used to the bull market, that a few days of correction makes participants nervous.
Lets see what the markets hold for us tomorrow.Its been a long time since we have had a correction more than 3 to 4 days.
Our view is still for a secular uptrend.
Once again the crude and the Asian markets were on the lips of the media. This usually happen when the markets start drifting down. The present state
of the Indian Stock Market is such that, we want to be convinced that this time it is different, but at the same time are scared to be the last ones left in the market.
We have got so used to the bull market, that a few days of correction makes participants nervous.
Lets see what the markets hold for us tomorrow.Its been a long time since we have had a correction more than 3 to 4 days.
Our view is still for a secular uptrend.
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