Business: Sensex could slide to 12,000 level

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posted by januram 191 days ago

The fact that stock futures of many Nifty stocks were trading at a huge discount to their spot prices an unusual phenomenon lends some credence to this theory. A spiralling inflation and interest rate has already cast a shadow on several sectors such as banking, auto and real estate. On Friday, there was more bad news in the property space, with a downgrade of the debt papers issued by Sobha Developers. This is one of the first downgrades in the sector.
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  • Avatar | written by worldamazingnews 189 days ago Rating: 0 | Rate comment: + -

    This is really shocking...... Pls pray to God for 20000 level...

  • Avatar | written by rsk4you 189 days ago Rating: 0 | Rate comment: + -

    Oh, Why is this tumbling? I entered at 19k level, and blaming myself now.

  • Avatar | written by januram 189 days ago Rating: 0 | Rate comment: + -

    but 12k is good buying level for averging shares


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