Hi all,
december 21st is the Book closing day in US markets. So, most US-FII's would prefer to close the books in this month.
Unfortunately, CRR has triggerred the FII selling. I dont say CRR shoudn't have been increased as this is our internal policy. But the TIMING was pathetic. They must postponed the decision after 21st.
How come RBI guys IGNORED (?) these basic details? Was it a deliberate effort?
If jaggernaut start rolling...who will be the first VICTIMS? None other than SMALL INVESTORS......
Another 500 point fall would eat away all the margins and small guys will eat the dust
MARKETS ARE THERE FOR EVER.....BUT SMALL INVESTORS ARE NOT.......