Another downward 500-point reversal in Sensex makes the index most volatile – can sensex really cross 20,000?
Babu Ghanta
Nov. 6, 2007

Psychological barriers are significant in the stock markets. Sensex is showing the effect of that. The benchmark index is now world’s most volatile index ever according to analytics.

Another downward 500-point reversal in Sensex makes the index most volatile – can sensex really cross 20,000?

Sensex failed to hold early gains and fell 190 points on the Bombay Stock Exchange on Tuesday on heavy selling by foreign funds.

The future of sensex at this stage depends on what American and European hedge fund and private equity fund managers think collectively.

The common consensus is that they are skeptical and will not rush to buy beyond the 20,000 mark.

It took Dow Jones Industrial Average more than a decade to cross over 1,000 mark. Most likely that may be the case in case of Sensex too.

Another downward 500-point reversal in Sensex makes the index most volatile – can sensex really cross 20,000?
Babu Ghanta
Psychological barriers are significant in the stock markets. Sensex is showing the effect of that. The benchmark index is now world’s most volatile index ever according to analytics.
READ MORE>>

Indian central bank has reiterated its earlier stance of a complete ban on P-notes – the bubble in Sensex from P-notes is transparent –SEBI acts slowly with caution
Babu Ghanta
Right now the western FIIs are using the Indian stock markets as gambling pits with the help of P-notes. That are doing what they are not allowed to do in their own countries.
READ MORE>>

Foreign Institutional Investors (FIIs) does it again – Sensex zooms 879 points with speculative buying as SEBI gives in completely to FII demands but Sensex goes down down 515 points from intraday high
Lirit Chauhan
The bubble is massive. It looks bigger than the American bubble in 1929 and Japanese bubble in late eighties. The market probably will collapse with a 5,000 point single day crash which will be the start of multi-decade bear market.
READ MORE>>

Sensex goes up 900 points on foreign financial institution buying as SEBI gives in to carry traders – the smell of bubble in Indian economy
Rita Nair
The Government has failed to contain the bubble. The long-term effect is nasty. The FIIs are trying to lure common people in India into the stock bubble frenzy and then dump the market on the natives..
READ MORE>>

Sensex opens lower, reverses and closes up as SEBI backtracks on its threat on Pnotes – the market may follow US market downwards
Babu Ghanta
The FDI inflow can reverse as the US companies face credit, liquidity and profit crunches. The bear market in Sensex will see some nasty crashes as the FIIs pull out and run for cover in 2008.
READ MORE>>

The gray market activity points to a much lower Sensex in coming months
Nitish Patel
It signals red for the main stock markets in India. Past correlation and time series studies found gray market in India setting the trend a month or so ahead of the main stock exchanges.
READ MORE>>

The foreign financial institutions sold Rs. 4000 crores of stock taking Sensex in a climatic reversal of 750 points
Preeti Singhani
It was the foreign financial institutions that created the bubble in Indian stock market. Now they are in the mood of exodus. Sensex fell nearly 4 per cent today after an early rally to a record high.
READ MORE>>

MORE ARTICLES >>