No body knows, how any particular news is going to impact market. Every day we have positive as well as negative news. If market up, then positive news copy pasted & if market is down then negative news is copy pasted. If no impact on market, then it was discounted.
21-Jun-2016 25 YEARS AGO ON THIS DAY 21ST JUNE 1991, P V NARASIMHA RAO TOOK OATH AS PRIME MINISTER ALONG WITH DR MANMOHAN SINGH AS FM………..
SENSEX ON THAT DAYWAS 1361 & TODAY @ 26800……….
GROWTH OF 20 TIMES IN 25 YEASRS………….
THIS IS INDIAN ECONOMY……….
BELIEVE IN INDIAN ECONOMY……
INVEST IN INDIAN EQUITIES…..
NIFTY v/s DOW JONES
Most of the people generally believe that Indian stock market follow the trend of American markets whereas the factual position is that there is no astrological linkage between these markets due to time difference in the opening/closing of markets.
The basic reason is that the planets keep on changing their position in zodiac and with the time difference between the two markets, the most of the planets change their house in divisional Charts/ Nakshtras and consequent their strength.
Whenever both the markets move in the same direction it may be a mere matter of co-incidence.
31st MAY 08: For week ended 30th MAY 08, DOW JONES WAS UP BY 158.69 points - NASDAQ up by 77.99 points against BSE SENSEX down by 234 points & NIFTY down by 76.45 points
April 5th 08: For week ended 4th April 08, BSE SENSEX down by 1028.17 points, NIFTY down by 295 points against DOW JONES up by 393.02 points & NASDAQ up by 109.8 points.Even all ASIAN markets were up - HANG SANG + 978 points & NIKKIE + 472 points
Even on the basis of weekly closing ended on 28th MARCH 08, BSE SENSEX was up by 1346.46 points (9%) & NIFTY up by 368.05 points (8%) against DOW JONES down by 90 points & NASDAQ up by 12.57 points
Stock trading involves high risk. The predictions made herein do not connstitute an offer to sell or solicitation to buy any of the securities mentioned. No represntations shall be entertained that the predictions made herein will be profitable or otherwise. Readers using the information contained herein are solely responsible for their actions. The information is based on our personal assesment / judgement and we shall not be liable for any losses and damages.