India - Fastest growth - No / Fastest fall - yes

C

Czar

Guest
#1
Looking at the world Major Indices, we see all have fallen approx 30/35 % since their tops made. Lets compare them to see where we stand:

Indices Top Month Bottom Date

Dow 14198 Mid Oct 07 11634 Mid Jan 08
FTSE 6754/6751 Jul/Oct 07 5338 Mid Jan 08
HangSang 32000 End Oct 07 21700 Mid Jan 08
Shanghai 6124 Mid Oct 07 4330 Still not bottomed
Nikkei 18000 July 07 12572 Mid Jan 08
Aord 6873 Nov 1st week 07 5222 Mid Jan 08
Sensex 21200 Jan 14 08 15332 Jan 22 08

So on an average Most Indices took around 3 months to fall the 30/35 % & We fell the same fall in 8 trading sessions, Is this fair, Is'nt this height of Manipulation or whatever you call it. It happens only in India... Our Growth rates may not be the highest in the World but our crash / fall are the fastest.

So where is our dear Finance minister who was taking strong action as the rise of each 1000 points (which was average 10/15 days per 1000) was not good according to him & thus he banned the PN notes & took other actions, now a fall of 6000 points, should he be least bothered about it, if 1000 points rise in 10 days was worth banning PN notes, is'nt 6000 points fall worth unbanning them ???? WHERE ARE YOU MR. PC, your voters want some answers.
 
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C

Czar

Guest
#4
lol Though not that I expect some action , but not right to ignore the bulls & favour the bear, partiality...
 

marcus

Active Member
#5
Dear Czar

Almost all the countries you have listed permit short selling in the capital market except India, this is another factor which may explain our index plumetting, if short selling is permitted (as it is now) and is popular, people who are short will book partial/full profits at various stages thereby preventing a sudden steep drop.

As you know the major investors are FII, and FI's with very lage investments. Once short selling picks up and these people invest our corrections may not be as abrupt.
 

jnj333

Active Member
#6
Looking at the world Major Indices, we see all have fallen approx 30/35 % since their tops made. Lets compare them to see where we stand:

Indices Top Month Bottom Date

Dow 14198 Mid Oct 07 11634 Mid Jan 08
FTSE 6754/6751 Jul/Oct 07 5338 Mid Jan 08
HangSang 32000 End Oct 07 21700 Mid Jan 08
Shanghai 6124 Mid Oct 07 4330 Still not bottomed
Nikkei 18000 July 07 12572 Mid Jan 08
Aord 6873 Nov 1st week 07 5222 Mid Jan 08
Sensex 21200 Jan 14 08 15332 Feb 22 08

So on an average Most Indices took around 3 months to fall the 30/35 % & We fell the same fall in 8 trading sessions, Is this fair, Is'nt this height of Manipulation or whatever you call it. It happens only in India... Our Growth rates may not be the highest in the World but our crash / fall are the fastest.

So where is our dear Finance minister who was taking strong action as the rise of each 1000 points (which was average 10/15 days per 1000) was not good according to him & thus he banned the PN notes & took other actions, now a fall of 6000 points, should he be least bothered about it, if 1000 points rise in 10 days was worth banning PN notes, is'nt 6000 points fall worth unbanning them ???? WHERE ARE YOU MR. PC, your voters want some answers.
"Sensex 21200 Jan 14 08 15332 Feb 22 08" ??????? Feb22 08 is still not here ,Are you predicting in advance or is it a typo??
 
#10
Looking at the world Major Indices, we see all have fallen approx 30/35 % since their tops made. Lets compare them to see where we stand:

Indices Top Month Bottom Date

Dow 14198 Mid Oct 07 11634 Mid Jan 08
FTSE 6754/6751 Jul/Oct 07 5338 Mid Jan 08
HangSang 32000 End Oct 07 21700 Mid Jan 08
Shanghai 6124 Mid Oct 07 4330 Still not bottomed
Nikkei 18000 July 07 12572 Mid Jan 08
Aord 6873 Nov 1st week 07 5222 Mid Jan 08
Sensex 21200 Jan 14 08 15332 Feb 22 08

So on an average Most Indices took around 3 months to fall the 30/35 % & We fell the same fall in 8 trading sessions, Is this fair, Is'nt this height of Manipulation or whatever you call it. It happens only in India... Our Growth rates may not be the highest in the World but our crash / fall are the fastest.

So where is our dear Finance minister who was taking strong action as the rise of each 1000 points (which was average 10/15 days per 1000) was not good according to him & thus he banned the PN notes & took other actions, now a fall of 6000 points, should he be least bothered about it, if 1000 points rise in 10 days was worth banning PN notes, is'nt 6000 points fall worth unbanning them ???? WHERE ARE YOU MR. PC, your voters want some answers.
Banning PN was probably a signal for F2's to get out as this year was a prelude to election year.

It will be worth observing, the political drama that is going to unfold.