1.Escorts and another Co have stopped operations till 31st March in some areas.
2.SEBI is trying to stop short selling,without full Physical Holdings,to reduce Volatility.Margins are also being raised.FPIs are selling and the DIIs are buying,The difference is slightly in favour of the former.This,the stopping of Businesses [low income,velocity of the Rupee ] and the $ strength will weaken the Rupee.VIX is still high.
3.Travel,Hospitality industries are hit.IOC has reduced the price of ATF by 12%.Crude price is low.
4.So the fall in indices may be less,but may continue.
5.Some short-covering is expected.
6.Speculators may find it hard,in this scenario.
7.F&O week may witness Volatility.
8.Physical Gold & Silver are priced higher than their Paper counterparts.
2.SEBI is trying to stop short selling,without full Physical Holdings,to reduce Volatility.Margins are also being raised.FPIs are selling and the DIIs are buying,The difference is slightly in favour of the former.This,the stopping of Businesses [low income,velocity of the Rupee ] and the $ strength will weaken the Rupee.VIX is still high.
3.Travel,Hospitality industries are hit.IOC has reduced the price of ATF by 12%.Crude price is low.
4.So the fall in indices may be less,but may continue.
5.Some short-covering is expected.
6.Speculators may find it hard,in this scenario.
7.F&O week may witness Volatility.
8.Physical Gold & Silver are priced higher than their Paper counterparts.
No comments:
Post a Comment