The world`s financial markets face an uncertain and possibly volatile week as investors await details about how the Treasury will implement the government`s financial rescue package -- and watch for any further fallout from the credit crisis around the globe.

The markets have switched their focus to the world economy now that the $700 billion bailout plan has become law. And there`s reason for their concerns -- governments across Europe are rushing to prop up failing banks. On Sunday, Germany said it would follow suit with Ireland and Greece in guaranteeing all private bank accounts.


Those steps are the latest sign that the troubles of U.S. banks, which have all but paralyzed credit markets, are affecting the financial systems of other countries. Banks` hesitation to lend to one another and to many businesses and individuals is the consequence of the bad mortgage debt that the financial rescue is supposed to sweep up. But it`s still unclear how quickly financial institutions will be able to hand that debt to the U.S. government and convince the markets they are healthy again.

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I expect a short-term rally, but afterwards I expect significant declines.
First, because I believe a near term bottom is indeed in place, I am interested in buying the market again. Technology is relatively sheltered from the financial crisis, and although a global slowdown has occurred, tech may be a good place to look if indeed the market starts to turn higher as I expect. Avoid financials for now because of the lingering concerns. The recent downturn in our economy is rooted much deeper than the credit crisis.

In the middle of 2008, serious concerns exist. This time, however, the result could be much worse. The risk of a Greater Depression is real, and it is based on declining demand and debt levels.

Sunny!...

Buy on every dip. Even the current levels are not bad. If you could wait for 2 years, the returns can be more than double.
Sunny!...

Fear & blood across the financial markets on Monday, hitting the Dow Jones industrials down as much as 705 points. The US government's financial bailout package failed to survive a vote in the House.

CNN was showing the TV, stocks went down like crazy. worrying that the financial system would now keep sinking under the weight of failed mortgage debt.

Clearly something needs to be done, and the market dropping 400 points in 10 minutes is telling you that.

While investors had some worries that the vote would be close, many on Wall Street appeared to believe it would ultimately pass.

Indian markets will open very week on Tuesday morning. Sensex can slip even to 11,000 levels if DOW will break 10,000 levels.

Call on RPL -- I think it will test 137 levels tomorrow that's the support level we should look at. In case it will break 137, the next level to keep a track on will be 128 INR.

Sunny!
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Volatility again rocked the financial markets Monday as investors grew nervous about government plan to buy $700 billion in banks' mortgage debt. Stocks fell sharply, taking the Dow Jones industrials down more than 370 points, while investors sought safety in hard assets such as gold and oil, which at one point shot up more than $25 a barrel. Indian markets will be down again tomorrow. There will be an opportunities for those who wants to get in to RPL at around 145 Rs levels.

Sunny!...

Wall Street extended a huge rally Friday as investors stormed back into the market, relieved that the government plans to rescue banks from billions of dollars in bad debt. The Dow Jones industrials rose more than 375 points, giving them a massive gain of more than 785 points over two days, and Treasurys fell as money flowed into equities. A new ban on short selling, or placing bets that a stock will fall, was likely adding to the market's gains. There's a sign of optimism & let's hope the same will continue in India on Monday.

Sunny!
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Stocks are surging with the Dow Jones industrials up more than 300 points following a report that the federal government is considering creation of a repository for banks' bad debt.

CNBC said Treasury Secretary Henry Paulson is considering creation of an entity like the Resolution Trust Corp. that was formed after the failure of savings and loan banks in the 1980s.

The Dow, which had been showing modest moves in the final hour of trading, jumped nearly 330 points to the 10,939 level following the report.

Sunny!



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Bigger bull run yet to come: Rakesh Jhunjhunwala. I think my greatest patience with the market was in 2001 September to April 2003. That was because I was a lone bull. I wrote an article in the Economic Times in June 2002 that India is on the threshold of a structural secular bull market and people said, he has bought stocks and he is caught and now he is asking us also to come into the cage. People didn’t just believe what I thought or what my opinion was. That was a testing period. Numerically - surely, since we have broken the last lows that we had in August 2007, we'll have to term it as a bear market. But I don't think the long-term Indian stock bull market has ended. I think it’s in interruption mode. This bull market is based on two factors. One is economic growth of India, which I think is based on factors that are irreversible, whether democracy, whether skills, whether demographics, whether cultural factors. They are irreversible. I think India’s economic growth will always trend upwards. ...

Dear Sunny Chopra Thank You for exchanging your views on MMB. Regards victor5 {Vivek}...

Dear Sunny Chopra What is your opinion now on Hanil Era Text.? It has bounce up significantly What is your view now? I am too holding this but around these LTP only Regards victor5 {Vivek}...