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DSKF16
Sep 22, 2018 2:50 PM

Observation: Friday's Fall -> Collection of Election Fund? Education

Nifty 50 IndexNSE

Description

Ref: Various announcement from CenBank. (Impacted Market negatively, like: BANK of Baroda - Vijaya Bank - Dena Bank merger). Super-active decision relating to Yes bank (two announcement in same EXP. First one before 1st trading day & second one in Holiday - Muharram)

On Last session FPI invested 700+ Cr.
Announcement made by CenBank regarding FPI / NRI investment (Capping Rose to < 50% from < 25%) came after market market hour.

Follow News sites for more.

Near Term:10802 - 10861 Looks Crucial for Bulls.

Disclaimer: My own view, may be wrong.

Comments
deepanshujain
Check this for politically motivated falls
sundayguardianlive.com/news/12638-cabal-plans-october-meltdown-share-prices-rout-bjp
Ironically this article was published in Feb,18.
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