Thread: Would sensex go furthur down?

It is expected.
the elections need lot of funding.
most of the funding have been done by businessmen who have taken future buy positions. now they would push the sensex up to square up and get the profits to cover the cost of elections.
but there would be a dip very soon.

of course, the general economy is gradually turning around. so long term prospects are good. the restart of wheat commodity futures should also have a positive impact. and if Montek Singh comes as PM, that should also give some positive push.

BTW anyone here who invested in Oct-Nov last yr. I did some. think I will book some profit in the next few days.

Election results prove beneficial to stock market. Since UPA came back,

A stable govt, with more liberal financial policies as they do not depend on left

Same govt, no change in policies

If same technocrats hold the key positions, no need for fresh bribing, hence no risk.

Since we cannot expect a threat to UPA for next 5 years, safe trading

More denationalization of PSUs, more investment, more money inflow, better performance.

Getting closer to US, better prospects.

Let us wait to see the next FM. Montek Singh Aluvalia or C. Rangarajan

In general, Good news, no worries. Beware of Dollar rate, may vary without notice.

LOL

I demand a huge correction NOW... I am out of the market fir now