pannic selling

#3
Hello,

The panic selling off sentiment is totally driven by Chinese Economic Slowdown. World second largest economy is going through problems and we expect other markets to remain unaffected? Well, China is unable to cope up with the desired or expected GDP rate which is causing deflationary pressure on the economy. The economic slowdown was so much so that China devalued their currency twice in one week to make their exports more competitive. Now in China, imports have become expensive and Exports get advantage. China is the leading importer of oil, gold and other commodities. Now, China has reduced demand as mostly the imported commodities are USD denominated and due to devaluation they are more expensive which has dented the prices of commodities also. China drove other major Asian markets lower. Chinese Shanghai dropped 8.49% today.
Then we have US FED rate hike decision. The decision was to be taken this month to hike the interest rates as soon as next month but it seems that the decision got postponed due to Chinese devaluation which has triggered sell off sentiment in US as well. US markets too are trading lower by average 2.5%

Overall the Emerging Markets leader is going down, it is quite evident that other Asian markets are likely to follow the trend.

I hope my answer helped you.

Thanks!!
 
#4
coz something happens in china india falls how stupid are we?

Buy it forget for 2 years u will see index 10000 :xD in 2017 CASE close nothing more to say
that too tax free ^^^

suppose you have 50K ( you cann;t be lucky to get bottom so buy in parts :clap:)

buy 15 K now

another 15K when it falls beyond
and 20K when it seems to be chiming up again :xd
thats how it;s done
 
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#5
Its all part of the game, that is true. Anybody who woke up early on Monday, now being called "Black Monday", and saw overseas markets knew what was coming. By 08:30/45 IST or so Shanghai was down by like 7%, Nikkei 225 was down by 3.5% or so Hang Seng by 3% and Singapore by 3.5 or so, and SGX Nifty was down too by more than 1.5% or i am not sure maybe 2 %(not sure). Plus on Friday Wall Street had like the worst session in 4 years. DOW, NYSE all down. Over the weekend China's central bank did not cut its interest rates, which its traders saw as a big "NO", as their markets needed liquidity big time, which also got factored in China. So when pur market opened, it was mayhem. All who saw this went for profit booking, who did not see this were thrown out and whoever survived this dumped everything, hence Black Monday.

But its was panic out and out. I think people just went overboard this time around, this was just riding the rally or fear of another 2008 recession. But China's situation was leading to something like this. With devaluation of Yuan and poor macro-economic data coming from China coupled with its GDP outlook looking like its going to miss its target in like 25 years or so and declining exports, things were leading up to this point.
 
#6
Today as on 28th august 2015, I saw the Indian market index CNX Nifty rebounded by 53 points or 0.7% or at 8001 after the Thursday’s expiry which is only because of all the global cues are showing recovery after the black trading Monday which was nerve wrecking and the most damage was done to the traders trading on high exposure.
Hence, next questions come to my mind is – “will nifty pick up further or will it again show some correction reacting on the global cues”. According to me, there is less than 5% chances that nifty will go below the level of 7500. Further, looking at the broader perspective, market will revive soon as the Chinese economy start running a little faster. PBOC is trying their level best to pull the ineffective economy. India is strong on its fundamentals and thereafter PM of India even showed that he is optimistic about the Indian market by putting his money into the stocks just after the Black Monday plus the extensive forex reserves with Indian economy is a total indicator that market will definitely revive.

This is the right time to start buying on the corrections and not in bulk. So, keep putting your money in the market on the dips.
Stay invested!
 
#8
Today as on 28th august 2015, I saw the Indian market index CNX Nifty rebounded by 53 points or 0.7% or at 8001 after the Thursday’s expiry which is only because of all the global cues are showing recovery after the black trading Monday which was nerve wrecking and the most damage was done to the traders trading on high exposure.
Hence, next questions come to my mind is – “will nifty pick up further or will it again show some correction reacting on the global cues”. According to me, there is less than 5% chances that nifty will go below the level of 7500. Further, looking at the broader perspective, market will revive soon as the Chinese economy start running a little faster. PBOC is trying their level best to pull the ineffective economy. India is strong on its fundamentals and thereafter PM of India even showed that he is optimistic about the Indian market by putting his money into the stocks just after the Black Monday plus the extensive forex reserves with Indian economy is a total indicator that market will definitely revive.

This is the right time to start buying on the corrections and not in bulk. So, keep putting your money in the market on the dips.
Stay invested!
it was worth investing in NIFTY. Thanks for the suggestions.
 
#9
Its all part of the game, that is true. Anybody who woke up early on Monday, now being called "Black Monday", and saw overseas markets knew what was coming. By 08:30/45 IST or so Shanghai was down by like 7%, Nikkei 225 was down by 3.5% or so Hang Seng by 3% and Singapore by 3.5 or so, and SGX Nifty was down too by more than 1.5% or i am not sure maybe 2 %(not sure). Plus on Friday Wall Street had like the worst session in 4 years. DOW, NYSE all down. Over the weekend China's central bank did not cut its interest rates, which its traders saw as a big "NO", as their markets needed liquidity big time, which also got factored in China. So when pur market opened, it was mayhem. All who saw this went for profit booking, who did not see this were thrown out and whoever survived this dumped everything, hence Black Monday.

But its was panic out and out. I think people just went overboard this time around, this was just riding the rally or fear of another 2008 recession. But China's situation was leading to something like this. With devaluation of Yuan and poor macro-economic data coming from China coupled with its GDP outlook looking like its going to miss its target in like 25 years or so and declining exports, things were leading up to this point.
Bhai, do not call that Monday as BlackMonday.
That Monday was the best day for me. That was a GoldenMonday for me. :)

Though I was on holidays during those days but I made a profit of some 300K on Monday (incl Tuesday) on my holdings.
Cheers
 
#10
Bhai, do not call that Monday as BlackMonday.
That Monday was the best day for me. That was a GoldenMonday for me. :)

Though I was on holidays during those days but I made a profit of some 300K on Monday (incl Tuesday) on my holdings.
Cheers
Tons of people lost their bags full of money, Many FPIs have started dis-investing in the market and people in India are now more afraid of the global cues and are more focused on the international markets and their where about rather then their investments into the Indian markets that is why we call it as black Monday.
But yes the strong fundamentals of our market keeps us invested and keep us going.:clap:
Taking part in the market for the foreigners have been difficult.
Now the eyes are on the coming fed meet and the impact of it on the Indian equity markets.:confused:

Any suggestions whether the Interest rate (this month or later in this year) hike will make the market fall or more FPI Inclusions will make the market rise beyond the expectations?:thumb:
?
 

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