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No it ll not. V hav clever finance minister and prime minister. Its for sure, if markets crash like this, they'll come with some new amendments which ll please investors. Then markets wil again rise like anything.Quote:
Originally Posted by thamizhvaanan
Any of u guyz invest in stocks? a gang of people from my class invested together once. I dunno wat happnd next!
Finance Minister's clarification to FIIs:
FIIs dont hav any permanent hold in India.
FIIs r considered as mere investors and traders. So they'll not b taxed.
He made this statements b4 4 days when sensex crashed 750 points. I thought after these statements market wil again start to rise. But still its falling.
almost all the stock values have dropped except HCL tech which is positive
I doubt if this fal is solely coz of CBDT... this market correction was a long expected one... if interested, U can read abt it here...
http://www.equitymaster.com/detail.a...8/2004&story=1
http://www.equitymaster.com/detail.a...8/2006&story=2
Trading resumed. Sensex is now down 631 points at 10307.
So seems trade suspension worked favourably.
Defn its not the sole reason but its one the major reason and even the commidity market is down globallyQuote:
Originally Posted by dev
Interest rate hike in US is also main reason for this collapse.
I do trade in the Indian market... I have taken it up as a practical way to learn abt the stk market...Once U put your money, U'll be more dedicated in learning abt it... a good way to learn, I believe... Even the losses one makes will be offset by the knowledge gained... :)Quote:
Originally Posted by thamizhvaanan
Thamizh, if you wanna get hang on how stock market works...
Try this site moneybhai.com
its simulated one , you would be given few lakhs and if you make good return on the principal you have invested ... you would be eligible for gifts etc.....
this is better way to learn about the market..