Sensex 826 points down

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Aces170

Aces170

Forerunner
Do we blame the Left parties or the US govt :P

Seriously but the BSE metal index was down by 1000 points !!! Nearly triggering lower circuit on the index !!!
 
LOL US are raising the intrest rates, and Left's are rattling all over again. Not to mention international mkts were also tanking...
 
The left has screwed up the congress - left, right and centre and is to blame. COngress too is too blame which is so unstable on so many ropes of coalitions

I hope the market recovers and the left drills some sense that capitalism works and conservatism doesn't
 
XTerminator said:
Whatever goes up has to come down...thats the law of gravity.

This was expected:)
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Comes down with a bang that wasnt expected :bleh:
Yeah a correction of 4-5% was required but in a single session !!!! With majority of the money with FII, India's will always be a volatile mkt.
 
Great News for me atleast.. I went and bought some RPL today at 75/- ... :ohyeah: :ohyeah: .. They didnt allot me anything at the IPO :@ ...

Also i bought some Tata Tele... Their Annual report is expected today... I wish market goes down another 500 or so points... so that i can again but some goodies.. :clap: :clap: like RIL, Infy.....
 
One's profit is one's loss. The amount of revenue continues to remain same in the whole world, similar to energy. All this while, the market was on a uprise. This was an incident of downrise. It will continue to happen this way, uprise and downrise. No market can ever have continouse uprise for forever. Our economy has increased a lot due to flow of funds from abroad and thus generating money for India. But, whatever country is investing in India is going in losses. The first rule which I mentioned applies. "1s profit is 1s loss". No country is ever idependent. At some stage, we will need help from other countries as well, and thus pay those country. It will be flow of funds for thier country and hence thier economy increase which directly proportional to thier sensex.

I would had luv to speak more on this topic, but I dont think, this is the right place to do so.
 
It will be flow of funds for thier country and hence thier economy increase which directly proportional to thier sensex.
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HUH which country's GDP growth is directly propotional to its sensex. Indicator yes, directly propotional definitely not.
But, whatever country is investing in India is going in losses.
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Huh again... you must understand that gestation period for most of the developing markets are 10 years or so. We are doing excellent in that regards
 
Its first better to understand the overview and the logic. You speak of going into the market, but its important you learn it. Most investors dont know and they invest into and play gamble.

I will just give you an example.

Suppose Microsoft wants to open a RND centre. So, it finds India to be a suitable country due to low wages compared to US standards. Now MS is a US based company. If it wants to open a centre, it has to register as a new company in India. Its called Microsoft India, where it has to meet the Indian government rules and regulation. It even has to be eligible to pay income taxes, after all the company will be using India's resources. Now, suppose there are 10 Indian people working under that company and Microsoft pays 1000 bucks to each person as montly wages. So, MS is giving 10,000 bucks in total. Now, those people will be first eligible to pay income tax. That income tax goes to the Indian Government. The link over here is US Company to Indian Government. Now, with the rest of the money, he spends on products, on which he pays sales tax. That too goes to Indian government. Now, suppose he bought a reliance phone for 2000 bucks. Now, those 2000 rps belongs to Reliance company. Now, if reliance has a profit, they have to pay taxes, which again goes to Indian government. See the link over here, whatever is spent in India returns to the government of India by a series of chain. Government in return uses that money back on the infrastructure not such as roads, dams and flyover but also education and employment.

Now, if it was a MS India Sale centre, and they sell software and had a profit of "X" amount. From that "X" amount, some % goes as taxes to India Government and the remaining profit goes back to MS USA. See the link here, MS needed RND Centre help from India and India needed software from MS USA. Everything is interlinked and it is a process cycle. Today, it was downrise and may even continue to downrise, but there will be time it will start uprising again. 1s progit is 1s loss.

If India was totally independent, i.e. we dont use MS software or any kind of product which is produced in countries other than India, and we keep on getting in flow of money, the market will forever rise. But, thats next to impossible.

The best people in markets work as advisors and most advisors are Masters in Economics.

P.S. I just observer the markets, but I never play around, mainly due to lack of time to do RND.
 
Now, if reliance has a profit, they have to pay taxes, which again goes to Indian government. See the link over here, whatever is spent in India returns to the government of India by a series of chain. Government in return uses that money back on the infrastructure not such as roads, dams and flyover but also education and employment.
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What you state is one of the components for the GDP, and thats what I exactly meant GDP is an indicator not directly proptional. Look at the figures market has risend more then 100% last 2 years where as our economy has risen just 12% odd so far.

And no markets can theoretically rise and fall forever, as far as India to them has the best potential considering the economic as well as geo political scenarios here.

Markets fuel the economy of the country which inturn fuels the market. Take a simple eg. I make 100 rs from the capital market, sooner or later I am gonna spend that 100 Rs, which will improve the GDP ( if you look at the big picture) GDP improves my disposable income is bound to rise. My income rises more I invest in the market.

Its a cycle. And yeah I always loved economics ;)
 
These bloody Left parties!! :@ :@ :@ .... would gladly shoot them all....

But in a way, I do like them. The fuel price is one example... the govt is charging sooo many taxes... the Left Parties are demanding that the govt reduce those goddamn taxes at this time when the fuel price seems to skyrocketing. But the govt is not listening. And those morons want to increase it again.....

Fuel is most expensive in India anywahere in ASIA!!! Because of the screwed up policies of the govt....

But many times these Left parties are just a bloody big nuisance. When it comes to disinvestment especially....
 
i saw on NDTV profit.. the market went down by so many points was due to a circular passed by the CBDT .. rumours were that the FII`s would be bought into the tax bracket too, which would amount to 41%!! cause they would be regarded as traders and not investors.....

the FM clarified in the evening that that`s not the case and FII would remain as investors and not traders...this caused panic and resulted in large scale selling!

hopefully some better hope from the market tomm..
 
[mod]Thread renamed, its actually 826 points & was mainly due to some leaked info of about branding FII's as Traders.

Anyways, correction was long over due & market was just looking for a excuse to fall. PC has clarified on FII issue & next few days you would see markets correct itself, maybe even bounce back.[/mod]
 
yup....bottomline..is ppl wishing to buy stuff........its the right time........i too bought reliance shares for 75 bucks...though there prices wont increase untill 3 years........
also ppl kindly check details of shares before buying on sites lik moneycontrol.com

also ppl having less time better invest in mf.......
and yup 820 points is too much.......i was thnking if this continues...lik this..will the sensex ever go to 0?????...lol..i m weak in eco
 
Add to that another 500 (I guess its 493 or something). I think the market would come close to 9K or something. There was a sharp uprise in many markets and experts suggest a correction of around 30%.

I would suggest that you don't any shares at this moment. Let the markets be stable and then maybe try something.
 
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