ON FRIDAY DUE TO WEAK GLOBAL CUES AND
MIXED ENDING FROM US indices, INDIAN MARKETS WERE DUE TO OPEN IN RED.
AS EXECTED NIFTY ALSO OPENED IN RED
ONLY, BUT IF WE COMPARE THE LOSSES THAT IT WAS POSTING WERE COMPARATIVELY VERY
MUCH LOWER THAN TO ITS ASIAN PEERS. (ASIAN WAS DOWN BETWEEN 1% TO 2% AND WE opened ALMOST falt then losses did increaed to 1%)
WE HAD ALREADY GIVEN MESSAGE TO OUR
PAID CLIENTS THAT NIFTY MAY OPEN IN RED ON MONDAY BUT UNDER NO CASE IT WOULD
CLOSE IN RED TERRITORY. AND SEE NIFTY ACTED N SAME PASSION WHAT WE
HAD COMMUNICATED TO OUR PAID CLIENTS.
EVEN WHEN NIFTY FUTURES WERE AT HUGE
DISCOUNT AND NIFTY SPOT WAS TRADING BELOW 5000 WE HAD TOLD OUR CLIENT TO BE
CLAM, to HAVE SOME PATIENCE AND TRUST ON US.
JUST SEE IN THE END WHAT HAPPENED,
NIFTY CLOSE WITH MARGINAL BUT GOOD POSITIVE GAINS (AS COMPARED TO IT WAS
TRADING DURING WHOLE DAY TIME)
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