Today is another Blackday! 600 points on the Sensex, have been eroded and the investors have lost more than 75000 crores in last two days!
The FII's have made enough on the market and they are moving out elsewhere (Vietnam may be).
The petrol cost uncertainty, has trigerred this problem!
Funny thing, yesterday a person from HDFC bank calls me to make investment, rightaway saying that this is the time to buy! When I ased him to guarantee my capital, he was shocked!
I can predict market will tank another 2% to 10900, before stabilising! 12000 by July is the bet!