==>> Year 2008 Good for some, others feel like disaster

The Year 2008 ended with Sensex and Nifty closing down nearly 50-55% down from their all time high. Sensex high in the month of Jan was 21,113 and Nifty made a high of 6357. Global markets dropped like a pin. Indian markets have also felt the pain. In the carnage Sensex made a recent low of 7697 and Nifty2252 in the month of Oct. In the month of Dec FII remained Net Buyers. For the rest of the year they were Net sellers. DII remained net buyers for maximum period of the year. Month of Oct saw heavy redemption pressure from the local people. In the year 2008 crude price made a desparate move to make a all time high of $145per barrell, but in the same year it has fallen below the 2007 levels also. The volatility in the crude price was mainly due to the economic crisis globally and the cut in the production of the crude in the Oil producing countries. The fall was witness as the demand for the crude prices fell sharply in developed coutries. The Gold & Silver also touched their life time high levels. Gold was mostly preferred by the investor, as it was the only alternative for the money to be parked in. Realty prices also seen some sharp fall in the prices. Realty cos prices crashed in the equity markets. Prices have seen a fall of nearly 80-85%. Even the bestest of the best companies prices have fallen like the dead pin. In the month fo the Jan I have been reading many reports about those Constrution companies, the price target ws much more higher then the price in the month of Jan. The same Analsyt had become negative on the sector after few months. We have seen sharp fall in the share prices but the same was not witnessed in the real life in India. Realty prices have shrply fallen in the US because of the mortgage loans and other financial crisis. The year of 2008 have not been good year for some of the countries too. Many counties are in the recesssion. Many Financial institutions have been closed down, some have been taken over by the Govt or other Financial inst, many have gone bankrupt. Even the Automobile firms had to face the heat of the recession and the falling demand. Many countries have announced stimulus package for the bailout of the companies in the countries. Even Indian government have also announced stimulus package. Globally, rate cut have announced by the respective governments.
This writer apologises that he was not able to provide full information about the sharp correction in the Indian markets. But from the month of Feb, I have informed that the investors should not think of investing in the Real estate and Banking sector. From the month of Feb have we have seen a sharp fall in the share prices, on back of falling demand. In the year we saw rate cuts Globally. Some people say the year was good, and some felt like a disaster(pay cut, job cut).
DO COMMENT ON THE BLOG......