FTSE NSE indices intraday are back to Tuesday's close. Can't hold onto yesterday's bounce after so many days of pulling back. Very weak buy pressure. If they end this way, NSE20 will close below 4800 for the day.
3 trading days remaining to defend 4860. And from the look of things, it won't happen as the monthly reversal gains traction...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!