Ah, finally the indian share markets have bounced back to green.
Nifty is in green and so is the the 50-share index. Buying is evident in all sectors. Banking indices, real estate and metal sectors continue to attract investors as the trading is seen the most in these sectors.
Other Asian markets are also trading firm as on today with Hong Kong’s Hang Seng being the biggest gainer. Japan’s Nikkei and South Korea’s Kospi are also trading in green.
Markets are recovering but the investors still need to be paid back which may cause a vicious circle.Most investors and other participants believe that the circuit down closing at opening on ridiculously low volumes had more to do with market problems and margin calls.
Margin call is forced selling as one receives a margin call from a broker if one or more of the stocks one bought with borrowed money decreased in value past a certain point. One can either deposit more money in the account or are forced to sell off the stocks.
The finance minister has assured that liquidity is not going to be a problem and he has asked investors to stay calm.
But then the question is “Is the worst yet to come?”
Lets see how the markets shapes over the next few weeks.
hmmm...sup? 