More misery was piled on the millions of retail investors and speculators today. De-coupling theory can now be completely thrown out of the door. I am not sure what the analysts, who were earlier, preaching about this theory have to say now.
Anyhow, this is how it has ended - Sensex down 833 points and closed at 16630, Nifty closed at 4857, down 263 points. And the much awaited Reliance Power listing became a most unpredicted disappointment - closed at 372!
All the Asian markets ended in red today but Sensex and Nifty were the biggest losers. Indians seem to overreact either way. European markets are trading mixed. Lets hope US opens and, more importantly, closes positive.
RK
http://www.RentalAndRealEstate.com
Monday, February 11, 2008
11-Feb-2008: Indian Stock Market Ends A Miserable Day
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