BLACK TUESDAY
The reason behind this sell off.. as u all know I posted it last night.... the MARGIN CALL . Now situation dramatically
changes.. now MARGIN call is not only concern.. LOOSE OF CONFIDENCE OF RETAIL INVESTOR is also on cards..
After May , 2006 it seems that situation changes.. but now also RETAIL INVESTOR looses his/her money..
NIFTY
Today also Nifty losses around 630 points in first mins of trade and halted for trading.. and after re- opening it
covered a bit to 230 points and again tumbled and make a new low of 750 points or 14.55% on Nifty..
S T O C K F U T U R E
RNRL was the biggest losser in NIFTY when nifty made low of 750 points.. It was down around 50% and made a new
low of 78 in 3 months.. Second one was NEYVELI LIGNITE at that time it was down by 42% at 92.. All Future stock
was down by 10 - 30 % .. REL Pack was almost down by 10- 25% .. The biggest losser was POWER STOCK..
thanks
Abhishek
U can add me on infotips@yahoo.com
TIME - 01:53 PM
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