This page does not have much relevance in November 2007 and may be deleted

Factors that had a role in the Share Market crash in May 2006

Threat to the Cement Industry by Commerce Minister

Very high Valuations - market becoming highly speculative

RPL mopping up over 150000 Crores from the Investing Public

The untimely and confusion / fear creating CBDT draft proposal

In such a scenario, CBDT also wanted its importance to be noted by one and all. Its hasty draft added an extra dose to the increasing negative sentiment of the market

Inertia of the Indian Mutual Funds - adding to negative sentiment and fear

Minor withdrawals by the FIIs - adding to negative sentiment and fear

Public Panic fuelled by the Media

 

Public Panic fuelled by the Media - Not in my life time will they give matured and balanced view. America is sick as everyone knows. The Business Media takes extraordinary efforts and collects all trashes to convey to the viewers that India is already sick - but for the need to watch the stickers, both CNBC TV 18 and ND TV profit are pedestrian.

Anil Ambani, Reliance Power sucked out the market cash and left it dry and shaken

The next crash will come after CPM acts at last to their words. Or, who knows, the market may have the delusion that Manmohan and Chidambaram will act, as if 4 years was not enough

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