Soham Das is an active global economy observer, an active trader, and a business commentator. Apart from active trading, he works as a hardware engineer in an embedded system startup based out of South India. He takes a huge interest in cutting edge electronics, technology, and its business... More
Indian markets in the last one and a half month or so, have rallied fiercely on the upside. Enthusiastic buying across the entire length and breadth of the market has given a huge fillip to the bulls. Hope to the unsophisticated, Joy to the observers and answer to the prayer of all those who have been sitting on their losses over this bear market.
This article was to be written yesterday. Instead it’s been written today. Yesterday’s +3.0% move in the 50 share NIFTY index should have made me satisfied and happy. Instead it put me into a night of fitful discomfort. I don’t attempt at explaining the markets. I don’t care for news and link it up with the market’s ways. But yesterday’s behemoth rise, has given me a wisdom, which I feel grateful to have. Its this: Madness of the crowds know no logic.
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.
Range Bound NIFTY inching towards overbought levels
Correction or Back to the Basics?
Every Upside doesn't equate a bull market
More »