Market on Tuesday 22nd Jan , 2008

By Abhishek on 1:35 PM

Filed Under: ,

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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