This is something hard to digest but thats what the fact is.The sensex has been falling continuously for the last four trading session  from the high of 21206 levels last week when we saw a rally coming in the markets and touching all time highs.It was a day of ups and downs with markets opening down and then recovering partially but finally ended the day in red.The 30 share BSE index fell by over 167 points or 0.85% points and the Nifty was down by 22 points or 0.38%.

There is news that investors are selling in to make money to invest in the mega IPO of Reliance Power which is coming.I’ll be bring the whole story of this IPO in detail very soon.But the main reason behind the fall is the weak global markets and especially the US markets.Even in yesterday’s trade the Dow and Nasdaq had lost 2.46% and 1.99% respectively.This are the lows since March last year among concern of fall in the manufacturing activity in the US.There are also some credit worries going on over there.

Reacting to this the Asian markets have also opened in deep red with Nikkei 225 and Hang Seng losing over 1.94% and 2.39% in early trade.Most likely the Indian markets are also expected to foolow the global cues.But as always the smart investors can make money even from the falling markets.These are  good times to enter into many scripts like Infosys as it is around its all time lows.Even the RIL earnings failed to support the markets.RIL meanwhile posted better than expected results in the 3rd quarter in which the profit was up by 26%.The stock has been doing well off late.There is also some news from the govt denying any plans for BSNL IPO which we heard 2-3 days back in the markets.The next support level for Nifty is 5800 levels.

Time to look into a few scripts:

Essar Shipping                         cmp 221

Arrow webtex                         cmp 94

Prime securities                     cmp  328

Jindal World                           cmp 387

BalramPur Chinni                  cmp 114

SEL Manu Co                          cmp 217

Good Luck and Happy Trading

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