Stock Market talk

Strong revenue and earning growth
We expect OPTO CIRCUITS INDIA LTD to register a strong 56.7% and 43.7% compounded growth in

All that glitters is certainly not GOLD. Nothing would explain this better than India’s present Economic Story.Though for the past few years people have been raving about India’s Growth story, Not everything seems hunky dory over here .A lot of factors have a spiraling effect on the Inflation Index.The entire market is suffering from this fear that inflation is rising much faster than expected and would continue to do so for the next few months.

ensex did not give us much reason for joy this week. The Sensexe nded 3 % lower 9 that is 444 points) this week thanks to the weak industrial production, morose global markets and the forecast of 7.7 % YoY GDP Growth being lowered by PM’s Economic Advisory Council vs an earlier projection of 8.5% in Jan 2008. The IIP data showed 5.4% rise in June ’08 very unlikely against 8.9% a year ago and an upwardly revised 4.1% growth in May 2008. The biggest sufferer was BANkex. LargeSectors dod lose out a lot. But Bankex lost the most. Bankex dipped for about 7 % Second in tow was Realty Sector.

Sensex has finally shown some respite to the Investors. For the week 4th Aug 2008 – 8Th Aug 2008 SENSEX ended 3.5% higher i.e 511 points. The rise in Sensex brought some relief to concerns regarding monetary policy tightening. The uniform market sentiment in the past few weeks have been quite negative.Investors expected - Aggressive monetary tightening. - And Growth rate slowing down due to higher inflation. This week thanks to the correction in Commodity Price and Monsoon picking up uplifted their sentiments.

There is quite some relief in stock excahange, thanks to the dip in Crude Oil Prices By Dollar 10 so its now something about 130 odd dollars. Many have already started speculating that will act like a trigger and start pulling the oil prices back on track. People are suggesting that this is the right time to pick up stocks as Sensex will start spiralling back . Rumour goes that once Oil Prices dip by another 20-30 dollars Sensex will spring back to 16000-17000 level giving some respite to the market.

Is it worth going for Online Direct Investmemts,or should one go through a Broker ?

In what was the most surprising things I noticed till now was that Infosys fell 7% inspite of good performance. That clearly brings us to the question - does the market really feel jittery about the prospects of the company or is it something else that has driven the slide?

I sat with a technical analyst to look at the reasons. The charts clearly indicated the price breaking the support levels trend line. And that would have triggered a sell off by the traders.

The stocks registered the lowest in this year. The sensex closed below the 15K mark which meant that the sensex slid further after opening!

The mood was somber and it further crushed under selling pressure. The crash has been attributed to the rise in prices and the rise in the prices of oil.

Will the sensex recover or will it crash further?

what steps will the government take?

 

The Sensex crashed to 15000 on Monday. Seems that Monday is a bad day for stock markets. Black Monday again cast its spell over the stock markets. The markets shed about 500 points by the end of the day.

Real estate stocks took a major blow as Real Estate giants like DLF and HDFC were sent crashing with losing a substantial sheen.

So, does this mark the initialization of another market crash or will it recover?

Only time will tell...