Was Friday’s Fall Uncalled?


The last Friday turned out to be a nightmare for the bulls. Nifty shed 131 points. As a general notion, we blame the FIIs (Foreign Institutional Investors) for the hectic sell off. However, if you take a peak into the NSE website, you will realize that FIIs and DIIs (Domestic Institutional Buyers) were buying throughout the day – instead of selling.

What caused this unprecedented fall? Are we about to experience yet another bloodshed in the succeeding weeks? Does Indian markets truly run on sentiments?

The oncoming days would provide a clearer answer to these queries.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: