Market mayhem: Sensex falls over 900 points

[Styx]

not a time to be picking up any equities for long term investments.

 

[Viny]

Well, if India would concentrate more on the economic reforms instead of empty rhetoric and export of cross-border terrorism, the chances of economic recovery could be much better.

Hope that brings the fanatical jokers sitting in the govt back to their senses and they start thinking rationally!

PS.: Feel free to compare with Pakistan economy to have a better feeling, but it is not going to solve anything!


Market mayhem: Sensex falls over 900 points as Asian stocks hit 3-year low

KSE 100
Aug 24, 2015 13:14
Market Highlights
CURRENT INDEX 33157.81
CHANGE -1361.96
PERCENT CHANGE -3.95%
HIGH 34519.77
LOW 33027.52
VOLUME 152,385,290
VALUE 9,080,459,712


Dear Mr. Economics Genius, can you take your lazy A$$ to your super talented Economy Policy Advisor, so that he can help your market from getting Red A$$.


Getting back to economic situation any big movements in bigger economies will have windfall effect on others too, none of the economies are safe, some might have hard impact, some might be able to recover and absorb it, but its inevitable. Some markets will value corrections others might offer much better value propositions. Thats all this game is about rise and fall, rise and fall.

 

[Pulsar]

Well, if India would concentrate more on the economic reforms instead of empty rhetoric and export of cross-border terrorism, the chances of economic recovery could be much better.

Hope that brings the fanatical jokers sitting in the govt back to their senses and they start thinking rationally!

PS.: Feel free to compare with Pakistan economy to have a better feeling, but it is not going to solve anything!


Market mayhem: Sensex falls over 900 points as Asian stocks hit 3-year low

You need to mind your own goddamn business and try instead to pull Pakistan out of the rabbit hole.

 

[macnurv]

INR is about to cross 67, but the downward trend is happening all over the Asian markets in particular. But by any measure Malaysian Ringgit (MYR) is the worst performing Asian currency, its shedding its value fast. Few of my Malaysian friends travelling to Thailand told me that money changers have refused to accept MYR at all.

Do you know markets World over are crashing and this is not something singular to Sensex ?


I have lots of shares in Gas and Infra
But I can hold it back. I guess I will wait it out.

You are a brave soul, but this downward trend is set to continue for some time.

You need to mind your own goddamn business and try instead to pull Pakistan out of the rabbit hole.

Why don't you listen to your own damn advise and start to mind your Bharti business.

 

[thesolar65]

Opportunities reckons.


Gas company shares, industrial ones like steel, power, cement has fallen considerably.

Buy for the September futures or place the bet in options and get rich...........

You are right, but
Acche din for those with deep pockets only. Most are saving for rainy days!!

 

[coffee_cup]

.... and Indians were so happy that Chinese Stock Exchange has crashed and they are immune to it... here you go:


Sensex crashes over 1,200 points; investors lose over Rs 3 lakh crore

"....Monday's fall is biggest since January 21, 2008 when the Sensex crashed by 2,062.2 points. ..."

Indian bubble about to burst?

As wrote before, feel free to compare with Pakistan, if it saves your stock exchange, and currency

 

[Devil Soul]

Sensex crashes over 1,200 points; investors lose over Rs 3 lakh cr
Mumbai, Aug 24, 2015, (PTI):

In a stock market bloodbath, benchmark Sensex today crashed over 1,200 points -- biggest in over seven years -- amid a global rout, while more than Rs 3 lakh crore got wiped out of the investors' wealth.

The BSE 30-share index was trading 1,205.7 points down at 26,160.37, while the broader Nifty index of NSE was down 353.35 points at 7,946.60.

The overall investors' wealth, measured in terms of total valuation of all listed stocks, was also down nearly Rs 3.5 lakh crore as it crashed below Rs 100-lakh crore mark and stood at Rs 97,64,237 crore in early afternoon trade.

The loss suffered by the 10 biggest companies in terms of market capitalisation was itself close to Rs 2 lakh crore.

This is the biggest crash in seven and a half years and the third biggest ever for the BSE benchmark index.

Interestingly, eight out of the top-10 intra-day falls took place in the year 2008. Today's fall is biggest since January 21, 2008 when the Sensex crashed by 2,062.2 points.

The market was witnessing all-round heavy selling across realty, power, oil&gas, bankex, auto, metal, capital goods and IT sectors.

The 50-unit Nifty fell below the psychological 8,000-mark, while Sensex was seen moving close to 26,000.

 

[Gibbs]

Selective reading at it again...

BSE Sensex fell : 3.67%
NSE Nifty Fell: 3.72%

but forgot to mention- Shanghai Composite dived 8.35 per cent....

but then again that is expected from hate spewing geniuses here.

Japan's Nikkei dropped 3.10 per cent and Hong Kong's Hang Seng 3.26 per cent.
The US Dow Jones Industrial Average ended 3.12 per cent down too.

Black Monday as Asian Markets go.. Europe and North America yet to open.. Expect a blood bath

 

[nForce]

You are a brave soul, but this downward trend is set to continue for some time.

It's not bravery bro. I simply don't have any other option.
30% loss is something I cannot afford. I don't have any immediate necessity of money. So, let it hang.

 

[rockstarIN]

Khub bhalo...

Are you in moneycontrol using the same username?

On buying spree!!

 

[Yaduveer]

This is best time to buy some shares for long term investments !

But what has happened to China ?

Why investors so worry about China ?

 

[Styx]

sensex might go -1500 by the end of the day,

1500

 

[Chanakya's_Chant]

All trading in red! Market Mayhem - Seriously!

 

[Ryuzaki]

Sensex -1681

 

[ni8mare]

INR is about to cross 67, but the downward trend is happening all over the Asian markets in particular. But by any measure Malaysian Ringgit (MYR) is the worst performing Asian currency, its shedding its value fast. Few of my Malaysian friends travelling to Thailand told me that money changers have refused to accept MYR at all.
You are a brave soul, but this downward trend is set to continue for some time.
Why don't you listen to your own damn advise and start to mind your Bharti business.

Dollar reaches 17 month high against rupee | BUSINESS - geo.tv
KARACHI: With stock markets in Asia tumbling including the Karachi Stock Exchange (KSE) the Pakistani rupee fell to its 17 month low against the US dollar.

The dollar rose by RS2.03 in the interbank trading at Rs104 against the rupee.

A spokesman for the State Bank said they were monitoring the trading of the dollar. The spokesman added that currency dealers have been told to lower the sale and purchase of dollars.