Bloodbath in share market
Heavy fall in equity market leads to bloodbath. Everything is red. I thought BJP winning Delhi & Modi going on diplomatic tour will lead some relief but Trump is just destroying everything.
Talking product sense with Ridhi
9 min AI interview5 questions
the whole market was built on air. there was nothing to back up the extraordinary run in the stock market. PM Modi's speeches that was supposed to transform india, did not happen. Any body hear talking about smart cities? that was launched with fanfare during Modi 1.0. The biggest expectation was Pm Modi will cut down the babu arrogance. He failed. With coalition parties in play and with competitive freebies as winning election formula, the fiscal deficit will go for a toss. Thats showing up in the stock market. Just imagine what will happen, when the first talk about reservation in private sector comes up. Junior parties have started talking, its only a matter of time, before one of the main stream parties pick it up.
A glass edifice is no longer cracking, its about shatter.
It’s still just a correction we haven't entered a panic state yet. We need some more damage to the indices before panic sets in.