The FII's are spending a huge amount of money in maintaining the levels they require to take the Index up further. The gamble is now getting bigger and bigger.The amount of money on the table is getting huge.The question is who will blink first, DII's or FII's , the DII's have a lot of redemption coming up and more will come up when every one would like to cash out at these levels.The Nifty is hardly tracking the world index's and not concerned whether the world is sinking or swimming. This more than amply proves our markets are being manipulated. Read the post by Balvir Singh.Now what are they waiting for, the dija and s&p to correct deeply then come back to realistic levels? Or they really believe that Modi and Mission 272 is a done thing?Which is still a long way away and anything can happen between now and result day.
Euro opening and data coming out should be indications of things to come. The futures are all down and it will be a double whammy if figures due from france, spain and swiss are also on the wrong side.The US market futures are also currently down and it may do so further.
Euro opening and data coming out should be indications of things to come. The futures are all down and it will be a double whammy if figures due from france, spain and swiss are also on the wrong side.The US market futures are also currently down and it may do so further.