Q.
Bad IIP numbers played the culprit today in making the stock markets go down..they recovered sharply to end on a flat note..do you feel the rally has more legs to it & would be crossing 5400?
Asked by dharamender nebhnani,
09 Aug '12 09:11 pm
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Answers (4)
1.
I could not see the market movements.But what I could gather from the news, the IIP numbers r the culprit.Though the FIIs continue to be the net buyers,I think the market valuations r a bit stretched n further upside is limited.
Answered by Damodar Biswal, 09 Aug '12 09:16 pm
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Do you call that a recover, i call it a joke sir for examples when the numbers came in hdfc was about 700 and closed at 692 no recovery at all same with with so many others also
Answered by iqbal seth, 09 Aug '12 09:41 pm
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