Using your phone's internet browser
go to:  qna.rediff.com
Click and drag this link to
the Home icon in your browser.
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?

Tags: money, relationships, entertainment
Asked by dharamender nebhnani, 09 Aug '12 09:11 pm
  Invite a friend  |  
  Save  |  
 Earn 10 points for answering
Answer this question  Earn 10 points for answering    
4000 characters remaining  
  
    
Keep me signed inNew User? Sign up

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

 
  
Report abuse
Useful
 (1)
Not Useful
 (0)
Your vote on this answer has already been received
2.

Yes
i feel and hope so
Answered by anil garg, 10 Aug '12 12:20 am

 
  
Report abuse
Useful
 (1)
Not Useful
 (0)
Your vote on this answer has already been received
3.

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

 
  
Report abuse
Useful
 (1)
Not Useful
 (0)
Your vote on this answer has already been received
4.

Certainly yes the rally has just begun
Answered by PRANIL MUNGEKAR, 09 Aug '12 09:13 pm

 
  
Report abuse
Useful
 (1)
Not Useful
 (0)
Your vote on this answer has already been received

Ask a Question

Get answers from the community

600 characters remaining