Skip to main content

What caused Black Monday for Indian stock Market?


Today, Indian stock market saw an historical fall with market losing more than 2000 points in a single day, though market latter recovered 600 points and finally closed at 1408 points down. This 7.4 % downfall was one of highest downfall not for Indian stock market but in terms of world market also. Today, market was on complete downfall mood with 1218 declines and only 8 advances in stock indices. Indian stock market has lost 4.9 lakh crore rupees in a single day and if we add the decline of Friday also then market has lost almost 6.6 lakh crore rupees.

This is really big shocking news for all the investors and many people have suffered huge losses due to this decline. The major reason behind this decline is believed to be major profits booking by big financial investors like mutual funds and weakness in global market. Some experts also believe that market crossed 20000 marks very early and therefore, some corrections were required. According to them actual position of market is around 18000 points. However, still many experts believe that investors are not required to worry about this situation because soon market can again touch the same levels back.

On the other hand, some people may find this fall as an opportunity to enter stock market because most of the blue chip shares like Reliance, DLF, and Airtel are more than 20% down. However, experts are pointing towards a caution and avoiding any panic selling at present because market can crass further or some ups and downs may remain continue for few next month’s also.

Indian stock market has seen many such sharp fall earlier also where market has fallen more than 5% in a single day and major reason behind this was profit booking by the big players, however, small investors have always suffered in these falls. Therefore, it is very important for the small investors to plan their investments well and look for long term investments than short gains. Despite, this fall there are many chances that market will soon again rebound and reach back to its place. People who have money can exploit this opportunity by investing in good shares in small goes (for example investing in parts and not in a single day) and by seeing the mood of market.



Also read-Also read-1)Why India stock market is down?
2)Indian stock market lost 20 Lakh crore in seven days
3)Does time has come to make money with IPOs?
4)Indian stock market and terror funding
5)India stock market crossed 20,000 mark for first time
6)Indian Stock market saw highest gain in Single day
7)Mukesh Ambani is now world's Richest Person
8)Indian stock market crashing 1000 points in two days
9)Indian stock Market crossing 18000 points, what is next?

Comments

Popular posts from this blog

Create your free social Network website

Below, I am going to share few free websites which are offering free social networking solutions to people. With the help of these websites, it is very easy for any person to create his/her own free social network website. Some of these mediums have already become very popular and millions of people from across the world have created their own social networking websites. Whole process of creating a free social network website is very easy and it takes only two-three minutes to get own personalised social networking website.

1) Ning.com- First and most popular one is ning.com. It takes less than one minute to create a free online social networking website with the help of ning.com and people get a free social networking website of name like yourname.ning.com. People can upgrade their service to paid one to use their own personal domain name like yourname.com instead of yourname.ning.com and use more numbers of features.
2) SocialGO.com – This is similar service like ning.com.
3) Spruz.c…

Around 15K deaths because of potholes in last five years

Some data are very shocking and unbelievable. One similar data is about around 15K deaths in India because of potholes. These numbers are so alarming that even the Supreme Court of India raised a question on this issue. It is bad for any country to have so bad roads that they start killing more numbers of people than the actual numbers of people killed by any kind of war in country. This clearly states that we don't need wars to kill people because our roads are already doing this job. The condition of Indian roads has always remained a matter of debate. Despite so many efforts, the condition of Indian roads is not good.

Even in big cities, it is very common to find potholes and bad roads then who cares about the small cities and villages. The main reason behind such problems is that there is no system to make concerned authorities accountable. The officials involved in road construction don't do their jobs properly and high corruption is another reason which fuels such probl…

Check Final Results of Bihar Sanskrit Shiksha Board (BSSB)

Finally, after quite a struggle details are available about Bihar Sanskrit Shiksha Board (BSSB) and students can find the link below for getting all the Final Results related to BSSB. Their official website is -bssbpatna.com. This website is in Hindi and Flash, therefore, people found difficulty in finding it.

On this website, people can easily find all results online of BSSB. Through, the final results link students can get the result by entering the roll number in the box available on the page. After pressing get result button complete mark sheet of students will emerge on screen. This is a simple option to get all the results of the BSSB and students are not required to visit any other site.

For Final results of Bihar Sanskrit Shiksha Board (BSSB) visit-http://bssbpatna.com/results.html

The old site of BSSB was www.bssbonline.com which is not available now.

Thoughts on Women's Day

Today, we are celebrating International women day to show our tribute to the contributions made by women in this world. In recent times, women around the world have seen a lot of improvement in their living standards, especially in countries like India and this improvement is significant. Therefore, this day is also celebrated in India with full respect to women, who have made significant contributions in business, politics, career, general life etc.

A lot of people in India celebrate this day by sending flowers, cards or SMS to their mothers, sisters, wives or other female friends. However, still, there is a lot more required to be done to provide more help to women of India because even today, millions of women in India are not able to use all of their basic rights; and are living under the influence of others. Second big issue which is required to be addressed is the thinking of a large number of people about women who still believe that women are either second-class citizens or a b…

Is it right to use Movies to score Politics? #AccidentalPrimeMinister

India is a country of controversies and we keep on seeing newer and newer controversies emerging daily. Some controversies die fast while others continue for years. The recent controversy is about the Anupam Kher's latest movie "Accidental Prime Minister" in which he is playing the role of formal Prime Minister of India Manmohan Singh. 

This controversy emerged with the release of the trailer of movie Accidental Prime Minister. The Congress party blames that this movie is made to spoil the image of Gandhi family while Anupam Kher claims that his movie is based on the book written by Baru Sanjaya whose role is played by Akshay Khanna in the movie. 

Mostly in India, we see politics on the single line that "I am right and you are wrong". The focus of all political parties is more on proving others wrong than proving themselves right. They want your votes not because they are right but because others are wrong. In such kind of politics, we hardly see right things pro…