US markets in green.
Indian Markets likely to follow suit? Many times they do, but many times they buck the trend.
When Modi announced 21 day lock-down, everyone predicted a bloodbath next day. Markets behaved exactly opposite. On CNBC TV-18, in the pre-opening session when market was marginally in green, the news-person actually laughed sarcastically indicating that the markets in no way can be positive. Markets had the biggest positive closing that day.
Indian Markets likely to follow suit? Many times they do, but many times they buck the trend.
When Modi announced 21 day lock-down, everyone predicted a bloodbath next day. Markets behaved exactly opposite. On CNBC TV-18, in the pre-opening session when market was marginally in green, the news-person actually laughed sarcastically indicating that the markets in no way can be positive. Markets had the biggest positive closing that day.
The day prior to lockdown mkts knew something was coming .. i was expecting an emergency announcement... my day position got trapped due to rise in VIX .. i decided to carry the position against booking loss(a big risk taken) and fortunately got rewarded handsomely next morning due to IV crush in first hour ...
it shows that markets have many colours and many ways to participate not just long or short...