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Q.

Another rumor market may slip to 6500 (Sensex) in coming days. Your comments pls?

Asked by Jyoti Gupta, 08 Oct '08 10:38 am
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Answers (11)

1.

SenSex is Sensitive to Top 10 Stock Players. All are above Rs 30 Crores in terms of Total Capital Wealth. So Sensex will never go below 6500 Points even if both ICICI and Reliance report for bankruptcy! However if at once all Top 10 from BSE 30 report less than 10 Lakhs in Annual Turnover then there is a possiblity that Sensitive Stock Exchange will slip to 6500 points. Remember than NSE Top 10 are doing well with companies such as Infosys, Welspun Gujarat, Tata Motors, Reliance Communications, LG Electronics INDIA, Samsung, Dell, Ambuja Cement, L&T Infotech, BCCI, BCCL, Times Group etc reporting Profits in Financial Balance Sheets. So it is better to look at the overall Indian Market Scenaio rather than focus on BSE Sensex alone. Sensex gives a small picture of Mumbai's Financial Strength. NSE & NIFTY50 project a great picture of Indias Market & Financial Health in a broad picture. http://www.bseindia.com http://www.nseindia.com
Answered by Santosh S, 09 Oct '08 01:22 pm

 
  
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2.

No way!
Answered by Shekhar, 08 Oct '08 07:38 pm

 
  
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3.

Yaar, Please stop these kind of discussions. People poured so much money in this bearish market. Give some moral strength to them. Dont make panic to the ppl.
Answered by eaga nagender, 08 Oct '08 10:53 am

 
  
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4.

No around9500to12000
Answered by JAWED ARSHAD, 08 Oct '08 10:53 am

 
  
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5.

Computer search result "Sensex does not exist"
Answered by Raghesh Mony, 08 Oct '08 10:52 am

 
  
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6.

Yes ,this is certain ,but it will take 6-12 months
Answered by suresh gupta, 08 Oct '08 10:49 am

 
  
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7.

Lowest one can think of is about 8500 or so... Buying interests at 8500 levels will not allow the market to dip below this mark....
Answered by Lucky, 08 Oct '08 10:47 am

 
  
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8.

Not possible 9500 bahut ho gaya
Answered by Prakash, 08 Oct '08 10:46 am

 
  
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9.

Not possible
Answered by Pardeep kapoor, 08 Oct '08 10:45 am

 
  
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10.

10000 in this month
Answered by monkey, 08 Oct '08 10:41 am

 
  
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