sensex crash continues

The Indian equities market was battered by weak global market and budget blues this week. The hike in short term capital gains tax in the 2008-09 budget did not go well with the capital market at all. The 30-share sensitive index of the Bombay Stock Exchange, the Sensex, fell in three out of four trading sessions in the week. The market was closed Thursday on account of Shivratri. Sensex crashed by another 566.56 points or 3.4 per cent on Friday, bringing it below the 16,000 mark to close at 15,975.52, lowest since September 18, 2007. The Nifty index also dropped 149.80, or 3 per cent, to 4,771.60.
After Friday’s fall, the Bombay Stock Exchange’s index slumped 9.1 per cent this week, its steepest weekly decline in 21 months since May 2006, with 27 out of 30 stocks falling. All 13 industry indexes on the exchange dropped by between 1.1 per cent and 6.6 per cent and eight stocks fell for each that rose.
The SBI’s assets fell to its lowest in more than four months after finance minister P Chidambaram said lenders should consider cutting rates on home loans. ICICI Bank registered its biggest losses in 10 months the banking index recorded its biggest weekly fall since May ’04.

Foreign institutional investors (FIIs) were net buyers of shares worth Rs.17.33 billion in February. But overall in 2008, by March 4 they were net sellers worth Rs.127.03 billion. Mutual funds bought shares worth Rs.5.14 billion in February.
The selling pressure last week was unabated and right across sectors, mirroring the weakness in the global stock markets. The Sensex tumbled 900.84 points or 5.12 percent to 16,677.88 Monday, March 3 2008, registering its second biggest single day loss. It was also the Sensex's second biggest single day fall in percentage terms, with 26 out of 30 stocks that form the Sensex pack ending in the red.

16 comments:

www.ShareTipsInfo.com Team said...

Hi Everyone,

This Blog is really nice and helpful. We hope our post will be useful for all visitors of this prestigious blog.

On 29th Feb 2008 budget was declared. It was expected to be in favor of middle class people . As in budget all loan of farmers were waived off, its a
Positive news for farmer which can give rise to agro based industries too.

Overall budget was good for everyone.

Now with time USA is coming out of the jinx of sub prime and recession and we have already witnessed some good movement in US market too. Recent fall in Indian stock market was due to Overbought Nifty, USA recession margin pressure and panic.


Now Nifty is in consolidation phase. Once consolidation is over we will see major rally in the stock market.


Few stocks for delivery are:-

1. RCOM

2. GDL INFRA

3. DISH TV ( Only above 66 )

4. RPOWER

5. HFCL


Please note above stocks are for MEDIUM term delivery.



Please feel free to contact us at sharetipsinfo_1@yahoo.com for further details


Thanks

Warm Regards

ShareTipsInfo Team

www.ShareTipsInfo.com Team said...

Hi Everyone,

This Blog is really nice and helpful. We hope our post will be useful for all visitors of this prestigious blog.

On 29th Feb 2008 budget was declared. It was expected to be in favor of middle class people . As in budget all loan of farmers were waived off, its a
Positive news for farmer which can give rise to agro based industries too.

Overall budget was good for everyone.

Now with time USA is coming out of the jinx of sub prime and recession and we have already witnessed some good movement in US market too. Recent fall in Indian stock market was due to Overbought Nifty, USA recession margin pressure and panic.


Now Nifty is in consolidation phase. Once consolidation is over we will see major rally in the stock market.


Few stocks for delivery are:-

1. RCOM

2. GDL INFRA

3. DISH TV ( Only above 66 )

4. RPOWER

5. HFCL


Please note above stocks are for MEDIUM term delivery.



Please feel free to contact us at sharetipsinfo_1@yahoo.com for further details


Thanks

Warm Regards

ShareTipsInfo Team

www.ShareTipsInfo.com Team said...

Dear Visitors,

This Blog is really nice and informative. We are pleased to know this
blog is really helping people. Its our pleasure to post
Informative content on this useful blog created by webmaster.

As we all know major
href="http://sharetipsinfo.com/stockexchange.htm" title="stock market
exchanges">stock market exchanges
in India are
href="http://sharetipsinfo.com/bse.html" title="BSE">BSE

and NSE. Full form of BSE is Bombay stock exchange covering SENSEX
where as

NSE is
National stock exchange covering Nifty and Nifty stocks.

Now a days USA is facing recession which is affecting world market and
recently we have witnessed major fall in Nifty and Sensex.

In this fall many investors were trapped and loosed around 50% to 70%
of their portfolio which is a major issue and need to be taken care
of.

Stock market is risky and will remain risk always still one can
minimize risk factor in it by using proper stoploss. As the name suggest
Stoploss , it stops the losses
which one can incur in the market.

There are few levels which we call support and resistance level which
we suggest one should strictly follow for coming days if they want to
survive in stock market.


Right now Nifty is direction less

Major suport-4660 below it next will be 4400.If breached then 4000.

On upper side Res- 5025 closed above can take Nifty to 5150-5200 . 2-3
closings above 5200 means 5400.

We suggest strictly follow these level and enter in market as per these
levels as these are very crucial levels technically.



Please feel free to contact us for any query.


Have a Nice trading days ahead.

Regards


SHARETIPSINFO TEAM

9891655316
9899056796
9891890425

www.ShareTipsInfo.com Team said...

Dear Visitors,

This Blog is really nice and informative. We are pleased to know this
blog is really helping people. Its our pleasure to post
Informative content on this useful blog created by webmaster.

As we all know major
href="http://sharetipsinfo.com/stockexchange.htm" title="stock market
exchanges">stock market exchanges
in India are
href="http://sharetipsinfo.com/bse.html" title="BSE">BSE

and NSE. Full form of BSE is Bombay stock exchange covering SENSEX
where as

NSE is
National stock exchange covering Nifty and Nifty stocks.

Now a days USA is facing recession which is affecting world market and
recently we have witnessed major fall in Nifty and Sensex.

In this fall many investors were trapped and loosed around 50% to 70%
of their portfolio which is a major issue and need to be taken care
of.

Stock market is risky and will remain risk always still one can
minimize risk factor in it by using proper stoploss. As the name suggest
Stoploss , it stops the losses
which one can incur in the market.

There are few levels which we call support and resistance level which
we suggest one should strictly follow for coming days if they want to
survive in stock market.


Right now Nifty is direction less

Major suport-4660 below it next will be 4400.If breached then 4000.

On upper side Res- 5025 closed above can take Nifty to 5150-5200 . 2-3
closings above 5200 means 5400.

We suggest strictly follow these level and enter in market as per these
levels as these are very crucial levels technically.



Please feel free to contact us for any query.


Have a Nice trading days ahead.

Regards


SHARETIPSINFO TEAM

9891655316
9899056796
9891890425

www.ShareTipsInfo.com Team said...

Dear Visitors,

This Blog is really nice and informative. We are pleased to know this
blog is really helping people. Its our pleasure to post
Informative content on this useful blog created by webmaster.

As we all know major stock market exchanges in India are BSE
and NSE. Full form of BSE is Bombay stock exchange covering SENSEX
where as

NSE is
National stock exchange covering Nifty and Nifty stocks.

Now a days USA is facing recession which is affecting world market and
recently we have witnessed major fall in Nifty and Sensex.

In this fall many investors were trapped and loosed around 50% to 70%
of their portfolio which is a major issue and need to be taken care
of.

Stock market is risky and will remain risk always still one can
minimize risk factor in it by using proper stoploss. As the name suggest
Stoploss , it stops the losses
which one can incur in the market.

There are few levels which we call support and resistance level which
we suggest one should strictly follow for coming days if they want to
survive in stock market.


Right now Nifty is direction less

Major suport-4660 below it next will be 4400.If breached then 4000.

On upper side Res- 5025 closed above can take Nifty to 5150-5200 . 2-3
closings above 5200 means 5400.

We suggest strictly follow these level and enter in market as per these
levels as these are very crucial levels technically.



Please feel free to contact us for any query.


Have a Nice trading days ahead.

Regards


SHARETIPSINFO TEAM

9891655316
9899056796
9891890425

www.ShareTipsInfo.com Team said...

Dear Visitors,

This Blog is really nice and informative. We are pleased to know this
blog is really helping people. Its our pleasure to post
Informative content on this useful blog created by webmaster.

As we all know major stock market exchanges in India are

BSE
and NSE. Full form of BSE is Bombay stock exchange covering SENSEX
where as

NSE is
National stock exchange covering Nifty and Nifty stocks.

Now a days USA is facing recession which is affecting world market and
recently we have witnessed major fall in Nifty and Sensex.

In this fall many investors were trapped and loosed around 50% to 70%
of their portfolio which is a major issue and need to be taken care
of.

Stock market is risky and will remain risk always still one can
minimize risk factor in it by using proper stoploss. As the name suggest
Stoploss , it stops the losses
which one can incur in the market.

There are few levels which we call support and resistance level which
we suggest one should strictly follow for coming days if they want to
survive in stock market.


Right now Nifty is direction less

Major suport-4660 below it next will be 4400.If breached then 4000.

On upper side Res- 5025 closed above can take Nifty to 5150-5200 . 2-3
closings above 5200 means 5400.

We suggest strictly follow these level and enter in market as per these
levels as these are very crucial levels technically.



Please feel free to contact us for any query.


Have a Nice trading days ahead.

Regards


SHARETIPSINFO TEAM

9891655316
9899056796
9891890425

www.ShareTipsInfo.com Team said...

Dear Visitors,

This Blog is really nice and informative. We are pleased to know this
blog is really helping people. Its our pleasure to post
Informative content on this useful blog created by webmaster.

As we all know major stock market exchanges in India are

BSE
and NSE. Full form of BSE is Bombay stock exchange covering SENSEX
where as

NSE is
National stock exchange covering Nifty and Nifty stocks.

Now a days USA is facing recession which is affecting world market and
recently we have witnessed major fall in Nifty and Sensex.

In this fall many investors were trapped and loosed around 50% to 70%
of their portfolio which is a major issue and need to be taken care
of.

Stock market is risky and will remain risk always still one can
minimize risk factor in it by using proper stoploss. As the name suggest
Stoploss , it stops the losses
which one can incur in the market.

There are few levels which we call support and resistance level which
we suggest one should strictly follow for coming days if they want to
survive in stock market.


Right now Nifty is direction less

Major suport-4660 below it next will be 4400.If breached then 4000.

On upper side Res- 5025 closed above can take Nifty to 5150-5200 . 2-3
closings above 5200 means 5400.

We suggest strictly follow these level and enter in market as per these
levels as these are very crucial levels technically.



Please feel free to contact us for any query.


Have a Nice trading days ahead.

Regards


SHARETIPSINFO TEAM

9891655316
9899056796
9891890425

www.ShareTipsInfo.com Team said...

Dear Visitors,

This Blog is really nice and informative. We are pleased to know this
blog is really helping people. Its our pleasure to post
Informative content on this useful blog created by webmaster.

As we all know major stock market exchanges in India are

BSE
and NSE. Full form of BSE is Bombay stock exchange covering SENSEX
where as

NSE is
National stock exchange covering Nifty and Nifty stocks.

Now a days USA is facing recession which is affecting world market and
recently we have witnessed major fall in Nifty and Sensex.

In this fall many investors were trapped and loosed around 50% to 70%
of their portfolio which is a major issue and need to be taken care
of.

Stock market is risky and will remain risk always still one can
minimize risk factor in it by using proper stoploss. As the name suggest
Stoploss , it stops the losses
which one can incur in the market.

There are few levels which we call support and resistance level which
we suggest one should strictly follow for coming days if they want to
survive in stock market.


Right now Nifty is direction less

Major suport-4660 below it next will be 4400.If breached then 4000.

On upper side Res- 5025 closed above can take Nifty to 5150-5200 . 2-3
closings above 5200 means 5400.

We suggest strictly follow these level and enter in market as per these
levels as these are very crucial levels technically.



Please feel free to contact us for any query.


Have a Nice trading days ahead.

Regards


SHARETIPSINFO TEAM

9891655316
9899056796
9891890425

www.ShareTipsInfo.com Team said...

Dear Visitors,

This Blog is really nice and informative. We are pleased to know this
blog is really helping people. Its our pleasure to post
Informative content on this useful blog created by webmaster.

As we all know major stock market exchanges in India are

BSE
and NSE. Full form of BSE is Bombay stock exchange covering SENSEX
where as

NSE is
National stock exchange covering Nifty and Nifty stocks.

Now a days USA is facing recession which is affecting world market and
recently we have witnessed major fall in Nifty and Sensex.

In this fall many investors were trapped and loosed around 50% to 70%
of their portfolio which is a major issue and need to be taken care
of.

Stock market is risky and will remain risk always still one can
minimize risk factor in it by using proper stoploss. As the name suggest
Stoploss , it stops the losses
which one can incur in the market.

There are few levels which we call support and resistance level which
we suggest one should strictly follow for coming days if they want to
survive in stock market.


Right now Nifty is direction less

Major suport-4660 below it next will be 4400.If breached then 4000.

On upper side Res- 5025 closed above can take Nifty to 5150-5200 . 2-3
closings above 5200 means 5400.

We suggest strictly follow these level and enter in market as per these
levels as these are very crucial levels technically.



Please feel free to contact us for any query.


Have a Nice trading days ahead.

Regards


SHARETIPSINFO TEAM

9891655316
9899056796
9891890425

www.ShareTipsInfo.com Team said...

Dear Visitors,

This Blog is really nice and informative. We are pleased to know this
blog is really helping people. Its our pleasure to post informative
content on this useful blog created by webmaster.

As we all know
Indian
stock market
is guided by global market now days and most of the
investors are still trapped in market due to recent fall.

They were unaware about past correction. However still they are holding
lot many scripts in there portfolio and we feel they would like to
know the future prospect of those shares.

In order to facilitate all traders and investors we are coming up with
new stock market section in which all investors and traders will come
and post there queries, suggestions and we will post reply too and
moderate it aswell.

We feel it will give good information and boost to the sentiments of
investors and traders as they can extract relevant information from our
site.

One more good news we are also coming up with Live
href="http://sharetipsinfo.com" title="stock market commentary"> stock market
commentary
. You can stay online on the site for latest updates.
We assure you it will be very useful for everyone. As we will take care
of all investors and traders.



Please feel free to contact us for any query.


Have a Nice trading days ahead.



Regards


SHARETIPSINFO TEAM

9891655316
9899056796
9891890425


NOTE – Please note we have not posted this article for our promotional
purpose. We have posted it in this blog just to let people know that we
are here to guide them and they can get useful information on our
site. Which can answer there many queries.

Still if you feel we have offended your blogs policies then we are
sorry for it and inform us we will take care in future.

www.ShareTipsInfo.com Team said...

Dear Visitors,

This Blog is really nice and informative. We are pleased to know this
blog is really helping people. Its our pleasure to post informative
content on this useful blog created by webmaster.

As we all know
Indian
stock market
is guided by global market now days and most of the
investors are still trapped in market due to recent fall.

They were unaware about past correction. However still they are holding
lot many scripts in there portfolio and we feel they would like to
know the future prospect of those shares.

In order to facilitate all traders and investors we are coming up with
new stock market section in which all investors and traders will come
and post there queries, suggestions and we will post reply too and
moderate it aswell.

We feel it will give good information and boost to the sentiments of
investors and traders as they can extract relevant information from our
site.

One more good news we are also coming up with Live
href="http://sharetipsinfo.com" title="stock market commentary"> stock market
commentary
. You can stay online on the site for latest updates.
We assure you it will be very useful for everyone. As we will take care
of all investors and traders.



Please feel free to contact us for any query.


Have a Nice trading days ahead.



Regards


SHARETIPSINFO TEAM

9891655316
9899056796
9891890425


NOTE – Please note we have not posted this article for our promotional
purpose. We have posted it in this blog just to let people know that we
are here to guide them and they can get useful information on our
site. Which can answer there many queries.

Still if you feel we have offended your blogs policies then we are
sorry for it and inform us we will take care in future.

Anonymous said...

Dear Visitors,

This Blog is really nice and informative. We are pleased to know this
blog is really helping people. Its our pleasure to post informative
content on this useful blog created by webmaster.

As we all know
Indian
stock market
is guided by global market now days and most of the
investors are still trapped in market due to recent fall.

They were unaware about past correction. However still they are holding
lot many scripts in there portfolio and we feel they would like to
know the future prospect of those shares.

In order to facilitate all traders and investors we are coming up with
new stock market section in which all investors and traders will come
and post there queries, suggestions and we will post reply too and
moderate it aswell.

We feel it will give good information and boost to the sentiments of
investors and traders as they can extract relevant information from

our
site.

One more good news we are also coming up with Live
href="http://sharetipsinfo.com" title="stock market commentary"> stock

market
commentary
. You can stay online on the site for latest updates.
We assure you it will be very useful for everyone. As we will take

care
of all investors and traders.



Please feel free to contact us for any query.


Have a Nice trading days ahead.



Regards


SHARETIPSINFO TEAM

9891655316
9899056796
9891890425


NOTE – Please note we have not posted this article for our promotional
purpose. We have posted it in this blog just to let people know that

we
are here to guide them and they can get useful information on our
site. Which can answer there many queries.

Still if you feel we have offended your blogs policies then we are
sorry for it and inform us we will take care in future.

www.ShareTipsInfo.com Team said...

Dear Visitors,

This Blog is really nice and informative. We are pleased to know this
blog is really helping people. Its our pleasure to post
Informative content on this useful blog created by webmaster.

As we all know major stock market exchanges in India are

BSE
and NSE. Full form of BSE is Bombay stock exchange covering SENSEX
where as

NSE is
National stock exchange covering Nifty and Nifty stocks.

Now a days USA is facing recession which is affecting world market and
recently we have witnessed major fall in Nifty and Sensex.

In this fall many investors were trapped and loosed around 50% to 70%
of their portfolio which is a major issue and need to be taken care
of.

Stock market is risky and will remain risk always still one can
minimize risk factor in it by using proper stoploss. As the name suggest
Stoploss , it stops the losses
which one can incur in the market.

There are few levels which we call support and resistance level which
we suggest one should strictly follow for coming days if they want to
survive in stock market.


Right now Nifty is direction less

Major suport-4660 below it next will be 4400.If breached then 4000.

On upper side Res- 5100 closed above can take Nifty to 5200-5250 . 2-3
closings above 5200 means 5400.

We suggest strictly follow these level and enter in market as per these
levels as these are very crucial levels technically.

Please feel free to contact us for any query.

Have a Nice trading days ahead.


SHARETIPSINFO TEAM

Regards

9891655316
9899056796
9891890425

www.ShareTipsInfo.com Team said...

Dear Visitors,

This blog is really nice and informative. We are pleased to know this blog is really helping people. Its our pleasure to post informative content on this useful blog created by webmaster.

Its like NSE and BSE
both are running out of volumes due to weak stock market trend from the beginning of 2008. We have seen new highs of Nifty and Sensex in the past and now they are trading on lower sides which is hampering the confidence of traders and investors. Fall in BSE
and NSE
resulted in lost of around 60% - 70% portfolio of investors though traders are minting money in week market too.

One point to be noted and learned is that people are investing money by ignoring all fundamentals and technical aspects. We request all of investors and traders that Invest money wisely its hard earned money do research work only then invest if you don't have time to do research work let professionals do it for you.

Think twice thrice before investing blindly without backed by technical and fundamental research.

Have a Nice trading days ahead.



Regards


SHARETIPSINFO TEAM

+91 9891655316
+91 9899056796
+91 9891890425

www.ShareTipsInfo.com Team said...

Dear Visitors,

This blog is really nice and informative. We are pleased to know this blog is really helping people. Its our pleasure to post informative content on this useful blog created by webmaster.

Its like NSE and BSE
both are running out of volumes due to weak stock market trend from the beginning of 2008. We have seen new highs of Nifty and Sensex in the past and now they are trading on lower sides which is hampering the confidence of traders and investors. Fall in BSE
and NSE
resulted in lost of around 60% - 70% portfolio of investors though traders are minting money in week market too.

One point to be noted and learned is that people are investing money by ignoring all fundamentals and technical aspects. We request all of investors and traders that Invest money wisely its hard earned money do research work only then invest if you don't have time to do research work let professionals do it for you.

Think twice thrice before investing blindly without backed by technical and fundamental research.

Have a Nice trading days ahead.



Regards


SHARETIPSINFO TEAM

+91 9891655316
+91 9899056796
+91 9891890425

santoshi prasad said...

Indian stock market tips were reeling under pressure after the Reserve Bank of India's hiked key interest rates to tame inflation at the cost of growth. The central bank's move of hiking repo rate and reverse repo rate by 50 basis insider information points was higher-than-expected and is likely to keep the bulls under check.

"Markets had a good build up over the last few sessions insider trading India therefore the sell-off was a natural conclusion. What we could intraday tips conclude is that RBI is right now focused 100% on inflation and nothing else.

The policy action operator's stock tips sounds hawkish prima facie but is good from a medium term perspective. The deposit and lending rates would go up in the system insider trading stock but not in the same magnitude as the move in policy rates.