NEWSWIRE - POLITICS, STOCKS
Indian markets which started on
negative note on global cues remained negative through out the day incidentally
closing at same level where it actually started its day. According to market
sources, failure of Supreme Court to give investors any positive surprise by admitting
2G case against P Chidambaram led to market fall.
"We
are damn sure that many positions might have built on at least Supreme Court
talks tough on Chidambaram but everything went into vein," said market
expert S P Tulsian in a television interview.
A
dealer of reputed broking company without disclosing his identity said
"What the hell yaar? Court cannot do this to us. We have built lot of long
positions on Chidambaram admitting him into 2G case but all our aspirations
gone to dusting."
While
India Satire correspondent contacted Chidambaram he admitted that stock markets
are speculative in nature and cannot predict them.