In a thoroughly disgraceful show by the markets, the markets took apart the indices near their bottom on a selected PSU bank throw down strategy after having clearly identified all the winners having established a bull market and trying to be instead suddenly seen saying but I don’t understand this index, the index being banknifty of course and the markets seemed to comply because every such short seller no one thought his buying was needed on this day of expiry.
For me, I am disgusted with the show of skunkworks and really do not think these market players are the ones who are going to get others to feel confident about the Indian markets or story which is exactly what it is and the markets right now seem to be increasingly becoming a naxal zone..and really if that someone thinks is representaative of a society I am aghast.
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The India Investment Post (earlier india.advantages.us) 