The whole upward trend started in 2003, April Ended with NIFTY at 934.05 from where It went up to 6374 till 10/01/2008, 5439.95 points rise in NIFTY. So, technically if we talk about retracement of about say 50% i.e 2719.97 points then also NIFTY may touch 3600-3700 levels.
Looking towards the past sessions technically & fundamentally Sensex is getting much weaker day by day and moving forward to touch at 10000 levels. There is not a single reason but multiple factors are jointly playing role to test the new lows in the market.
These can be the few reason which is concerning to the markets
History of Mutual Fund
What is history of Mutual Funds in India ?
We have define History of Mutual Funds as different Phase in Indian Markets.
Mutual Fund is another saving or investment vehicle, but different from bank deposits, shares.
A Mutual Fund is a trust that pools the savings of a number of investors who share a common financial goal.
The money thus collected is then invested in capital market instruments such as shares, debentures and other securities.
U MUST HAVE WATCHED THE INFLATION FIGURE ON FRIDAY I.E.20TH JUNE 2008 WHICH IS 11.05% – 13 YEARS HIGH RATE.
WELL, I DONOT UNDERSTAND WHAT IS GOING ON.. ON ANOTHER SIDE, MR. PRIME MINISTER IS BLOWING ANOTHER NEWS OF RESIGNATION AND THAT IS BECAUSE OF NUCLEAR DEE
Amazing Video on Global Warming!!!
Saturday eve was not great, Before I leave my Space, i watched International Market and it was just “D” Down and before I leave my friend just called me and conclude that market will be down for 1000 points minimum or probably once will hit to lower circuit, he he he….
