Why Indian market fall down today.

Today 12 February 2024 market fall upto 2%
Bank nifty fall 1.67 % Bank nifty open at 45664 it start and show continues fall and close at 44882.
Bank nifty fall 1.67% 
Nifty 50 fall      0.76%
Finnifty fall.     1.41%
                                         Today all index fall by 1to2 % and all psu government sector companies fall upto 10%  example IRFC  13% 


   
12 February overall Indian market sentiment is bearish 
Bank nifty fall 700+ point nifty 50 fall 150+ point finnifty fall 300 point 

Reason behind fall could be jp Morgan's statment and before market show massive rally nifty 50 goes 22000+ so that the fall is profit booking.







Comments

Post a Comment

Popular posts from this blog

WHY PAYTM CRASHED?

Image
Abaut Paytm :   Paytm is a payment merchant it's the India's initial online payment app which is successful and all shop, grocerie stores, etc are started using there QR code.  Founder of paytm:   Vijay Shekhar Sharma  Paytm was founded in 2010  Reason why paytm falling:::       RBI reserve Bank of India says persistent non-compliances and ongoing material supervisory concerns within the Paytm . According to the news accused Paytm of financial crimes, including falsifying customer information and money laundering and paytm share crashed and hits lower circuit continuously. First day it fall 20% after a day it again fall 20% on 13 febuary the price of paytm share is 380inr.  52 week high of paytm share is 998.30rs It fall more than 60%  https://www.simplystock2.online/2024/02/nse-national-stock-exchange-conduct.html
Read more

what is RSI ?

Image
What is RSI? Relative strength index is the Full form of RSI  The relative strength index was developed by  J. Welles Wilde rand published in a 1978 book,  New Concepts in Technical Trading Systems. Mostly RSI show overbought zone and over sold zone  trader and investors used on chart for their investment. You can use it on any broker for free on trading view you can use it. It's most popular indicator it's a technical indicator. RSI show the price movements. It's a technical indicator used by mostly trader and investors it analyze the market 
Read more

NIFTY 50 WILL REACH 23000 IN ?

NIFTY 50:  on 21 March 2024 nifty 50 opens at 21,989 where privious closing of nifty 50 is at 21,839 nifty 50 opens gap up  More than 100+ points . Nifty 50 touch the day high of 22,080 where market sentiment is bullish nifty 50 gains privious day's losses . Nifty 50 can touch the level of 23,000 in year 2024 cause market sentiment was positive bullish and possibility of current government to come in government again is very high. Top gainers for nifty 50:  HDFC BANK RELIANCE LT TCS ITC  Kotak Mahindra Bank AXIS BANK M&M ETC are the top gainers for nifty 50 Where from nifty 50 top 50 companies  43 companies are in positive return bullish side and 7 are in negative return. POST BY:  simplystock2
Read more