Why market fell today especially what’s the reason of fall in psu banks stocks like pnb Canara bank etc to more then seven percentage .
Dear Mr Prakar - Agarwal ,
good evening
if your bought fundamental scripts of equities which u hold are strong in the balance sheet, u need not worry too much it will come back once the election results are done,
SINCE MARKET IS NEGATIVE NOT SUPPORTING ASIAN TRADE SPECIALLY CHINA , THE MARKET SENTIMENTS ARE DOWN
a lot of mismanagement in many banks especially over lending of Higher corporate loans has lead to banks downtrend, example PNB,IIFL,SBI,etc due to recent stories of Nirav Modi and Mallya, Chowkisi etc has led to lot of losses , recent new is of Sun Pharma & Jet Airways hope u are reading the recent news publications, pls go through on day to day basis before u decide to buy the particular equity,
This is a very good time to accumulate stocks if u have good capital reserves,
If u are beginner u will be worried since Sensex has reached high it has correct itself, this is a common scenario in share trading
u will learn by experience, initially, u will lose some money, then only u can learn to trade of equities and commodities
wishing u all the best, anything personal u can call me on this number 98867-46194
with Best Regards
suresh B Ramaiah
98867-46194