On monday 21/01/08 BSE was down by 1408.35 (7.41%). This was history in the stock market in a day. NIFTY also down by 496.5 point . This is very bad news for investors but we can't do any thing as this is way of working of stock exhange. The index has to come down or go up then only transactions will take place.
Some of the reasons for this happening were given by experts.
American Sub-prime problem.stocks in worldwide are down.
Pressure of Marzin call. Due to fear investors sale there stocks in a large scale.
Foreign investors have sold their stocks on a large scale
What to do ?
Dont be panic, have a patience.
This is the oppertunity for investors, still wait for some time and see if it comes down more.
If you want to book profit or have to quit the market then wait for some time (The market will come back to its original position in few days ).
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