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Q.

Markets setting base for next fall, 15-20% correction could happen: Anil Manghnani--- What is your comment on this ?

Asked by anantharaman, 05 Dec '09 07:50 am
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Answers (7)

 
1.

Everyone is entitled to express an opinion on the Market as there are no statutory rules on what you can say. Here goes conflicting opinions, some times from different people and some times from the same people. Every one gives a wide sweep and rarely is it remembered what they last said when they come up for the next interview or statement:

PN Vijay, Portfolio Manager

we will make that intermediate high in December sometime before the budget. The headwinds are there and the tailwind is obvious. The scotching industrial growth in India and the gross domestic product (GDP) is giving a strong tailwind to the whole Indian stock market. On the other hand, the tidings globally are very mixed.

Therefore, we need a bit more for this market. I do not see enthusiasm which would associate with a market where people were expecting a bull market high. So it is not ten on zero that we will make a new high in December. I believe we should be there sometime before Indian budget.

If th ...more
Answered by Omega, 05 Dec '09 11:25 am

 
  
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2.

Yes possible. Chances are very much there
Answered by hitler, 05 Dec '09 08:21 am

 
  
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3.

Correction looks inevitable
Answered by dhanendra kumar jain, 05 Dec '09 09:40 am

 
  
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4.

I think market will try to cover on Monday but there will b a fall tuesday onwards. not sure though
Answered by madhavi, 05 Dec '09 09:13 am

 
  
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5.

Quite possible.
Answered by iqbal seth, 05 Dec '09 07:52 am

 
  
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6.

No all the corrections have alreaday happened.
no major correction in near future.
Answered by provu rai, 04 Jul '12 11:38 am

 
  
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7.

It is for stability
Answered by saranathan Narasimhan, 05 Dec '09 03:40 pm

 
  
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