Indian stock markets
Indian stock markets have already reached its all time high, with Nifty touching nearly 9000. Still retail participants are comparatively less in the Indian stock market. Top NSE and BSE stocks are trading in their high prices with exceptions to few.
Financial institutions from overseas are still very bullish on Indian market. Foreign funds flow has immensely increased from its earlier proportions.
Since the crash of 2008, most of the retails investors are scared to enter the equity markets in India. The cause of this may be lack of knowledge about stock market movement and global economy.
India is having a very potential upward trend for growth compared to other developed nations. E-commerce is one of its example where India has shown the example by having a multidimensional growth.
In the coming weeks we should see the Indian Stock markets bouncing back from the heavily oversold levels. Futures and options expiry on Thursday will lead to high volatility over the end of this month.
Further more any sort of negative news flow from around the world related to crude or Gold may further escalate the correction.
The Sensex has ended the week down by few per cents, while the Nifty lost its charm when it was about to touch 9000. Technically, the Nifty is now showing signs of correction and Nifty future data is also showing the same way.
Overseas markets like the Dow Jones Industrial Average continued to chart out new highs and saw signs of weakness during the week.
The Indian markets saw a huge liquidity-driven rally which saw the Nifty move towards 9000 this January 2015 itself.
Retail investors and traders participants have not reached a promising level till now.
Let us wait and see the performance in coming days.