Almost 1000 points increase in two sessions - I...

Almost 1000 points increase in two sessions - Indian Stock Market

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Ori
Deal Major
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Bulls are crazy? rolleyes
I mean who will buy stocks @ 11000+ when businesses aren’t performing the way they should.

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Original wrote:

who will buy stocks @ 11000+ when businesses aren’t

traders, satoriye, arbitrageurs, the very business owners and persons acting in concert? (remember Lloyd Brokerage nee Euro Asian Securities nee Home Trade¿ which went from 01.50 to 890plus).


@OriGinal (in times when Singapore, Mauritius based Indians turned FIIs too “trade”) how much of the trades are real investors and how much of it is “non delivery based” (same day, same week) square off?

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Deal Cadet
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best time to sell in this recession.

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Deal Cadet
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They are factoring in the eps increase resulting from the cut in corporate tax. Still expensive though

Ori
Deal Major
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schumacher wrote:

They are factoring in the eps increase resulting from the cut in corporate tax. Still expensive though

Exactly, no one can justify the 1000 point increase grinning

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Deal Cadet
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Original wrote:

Exactly, no one can justify the 1000 point increase grinning

Still everyone want to buy at lower levels, but literally no one bought near 10700 & expected breakdown. And now see wink

Ori
Deal Major
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abhijitja wrote:

Still everyone want to buy at lower levels, but literally no one bought near 10700 & expected breakdown. And now see wink

The investors who invested in a hurry will exit the same way sunglasses

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Deal Lieutenant
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Ambani gained Rs 22,000 cr in Friday’s Sensex rally

In Friday’s market rally post the corporate tax cut, the country’s top business promoters recouped more than two-thirds of the losses that they suffered in the post-Budget sell-off in equity markets.

https://www.rediff.com/business/report/ambani-g...

sunglasses
Ori
Deal Major
115
19033
184
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gauz wrote:

traders, satoriye, arbitrageurs, the very business owners and persons acting in concert? (remember Lloyd Brokerage nee Euro Asian Securities nee Home Trade¿ which went from 01.50 to 890plus).

@OriGinal (in times when Singapore, Mauritius based Indians turned FIIs too “trade”) how much of the trades are real investors and how much of it is “non delivery based” (same day, same week) square off?

The derivatives market (no actual buying of stock) can drag the market up or down, no matter how businesses are performing in actual.
But in long, the market (read as economy) will always show the real picture smile

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