It looks like the bull run is coming to an end!!! The benchmark indices NSE and Sensex tanked 3% today due to poor global cues. Unfortunately there is a lot of bad news coming from all the corners, North Koreans and the South Koreans are almost at war. The statement of the US president asking for the American troops in S.E Asia to be on alert didn't go well with the markets either. If this was not enough, news came in late afternoon that Spain was heading the Greece way.
there is a lot of pessimism in the European markets, but the reaction here to the situation in Europe is little too soon, too fast and too much.
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