Wednesday 4 September 2013

Indian share msrket crashed, what next ?

Yesterday Indian markets crashed very badly making the small investor wondering what next. Will they lose more ? Will there be a recovery ? Totally confused. Sensex 600 points down ! Poor small investor sold in panic , now sitting crossed fingered, listening, reading the experts advices. As per experts the funamentals are not disturbed but negative news and expected syria war hit the sentiments resulting in crash of market. Falling rupee made the position from bad to worse. Market reacted to news ignoring fundamentals and trading sentimentally. Now its questioned what will the day following bring ? Yesterday a news has been broken that America will attack syria, if it happens then rise in crude oil will kill the Indian rupee and it will affecct the market very badly. FII will start converting their investmens in dollars and a big sell off will come, it can further bring the sensex down by at least 10 to 15 % within this weekend, specially market will react negatively on Friday after a. upper spike. Friday is expected to give a worse reaction if by chance rupee apprecites then the downfall will be average if it happens vice versa then we will see the bottom.
Think wise, keep patience, and trade cautiously - is tddays tip

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