share bazar huge downfall ?

[vish786]

wat probably was the reason for such a huge downfall(around 3000 pts making india the worst region) in sensex yester & today ?

Edit: & now trading has been stopped for quiet a while

 

[dreamcatcher]

Re: share bazar ?

the drop in the us economy..wat else???

NASDAQ suffered huge losses starting last week and it was just a matter of time when he sesex and nifty were affected...it has gained some momentum now tho...

 

[friend_sunit]

The most important thing as people say are

The new upcoming laws for Share Trading from SEBI
The Reliance IPO issue.. (some say,, but i disagree)

 

[Pathik]

There are many reasons.
Pick up a copy of ET and read.

 

[hailgautam]

pundits on the street say that our market was very expensive; quoting at around PE of 21-22% of FY09 earnings, considering the us is not doing very well with the rescission clouds looming large indian markets were a bit too stretched so the correction was inevitable. but what is shocking is the intensity which happened mostly due to technical reasons.

^^ ok if anyone understood what i meant please let me know

 

[Pathik]

+1.. Going by the fundamentals the avg pe shd be 18-20. But companies like rnrl rpl hav 10 times more pe. They had to fall

 

[Harvik780]

Today the world is influenced by itself.We are now interconnected and the effect on one has the side effect on the other.The US government also influences the stock market.

 

[Pathik]

Yep.. Bloody US sneezes and all get a cold.

 

[krates]

whew i was about to invest some money yippy pehle ho gaya nahi ton main mar jaata

 

[Pathik]

Abhi bhi khush mat ho. The market is always risky

 

[skghosh44]

Is there any free good web sites from where we can take idea in which company's share to invest ? I googled, but mosts are paid,

 

[mehulved]

pundits on the street say that our market was very expensive; quoting at around PE of 21-22% of FY09 earnings, considering the us is not doing very well with the rescission clouds looming large indian markets were a bit too stretched so the correction was inevitable. but what is shocking is the intensity which happened mostly due to technical reasons.

^^ ok if anyone understood what i meant please let me know

I didn't understand what technical reasons could there be.

 

[NucleusKore]

I was laughing seeing Reliance IPO. Hats off to all who purchased, including the STARS.

 

[vish786]

Reliance *IPO* is a company with no fundamentals... since its name is Tagged with Anil 'AMBANI' ppl started buying shares which were sold out & instances a company with just 74 lakhs touches billions.

 

[praka123]

anil ambani lacks luck mukesh is growing his business silently.