When Asian markets were positive and Dow's Futures was more than 70 points up then then CAG recommendation to Govt. news was mentioned and cautious views were posted well before the beginning of Indian markets today and weakness was clearly told in told in Post-open Outlook also.
Double blow to Indian markets and Global markets also turned negative during Indian trading hours today:-
1-Dow's Futures was more than 70 points up in the morning but now more than 20 points down.
2- All the Asian markets lost early gains and closed in Red except Taiwan.
3- European markets also tumbled and .50% to 1.50% down.
Clear intraday selling patterns at higher levels today and market is sharply down. As good selling developed today therefore more down moves are also possible in the coming week.
Double blow to Indian markets and Global markets also turned negative during Indian trading hours today:-
1-Dow's Futures was more than 70 points up in the morning but now more than 20 points down.
2- All the Asian markets lost early gains and closed in Red except Taiwan.
3- European markets also tumbled and .50% to 1.50% down.
Clear intraday selling patterns at higher levels today and market is sharply down. As good selling developed today therefore more down moves are also possible in the coming week.