Am not an elder but I am sure these are some of the things that have greatly contributed to the rally; 1.The increased liquidity in the market (look at the number of rights and corporate bonds lined up). 2. Reduced interest rates for bank deposits 3. Chain reaction- since the financials are doing good, everybody now wants to get in and share in the harvest (panic buying) 4. Increased local participation esp after the successful NSE IPO 5. Brokers are really hyping the counters that we see rallying.. centum, equity, britam, cic et al

I have been asking the same question here in wazua....and no answer as yet.So to keep myself sane, i have exited the market today with my profit. If it goes up...well and good for those still there...if correction happens...i will be waiting at the bottom to make my picks.

Crazy price differences for hyped up counters Centum High of 84.50 - low 70.50 = 14 Equity High 63.00 - low 55.00 = 8 Britam High 40.00 - low 33.00 = 7 CIC High 12.40 - low 10.40 = 2 I expected CIC to take a bigger hit.

Why CMA is permitting such plain manipulation on vapour volume just says a lot about the regulator TA guys the RSI meter is about to burst the limit! Been reading 100 since Apr 2014?!?

Hisah..does this thing really follow TA ?Does RSI et all applies here ? Since its been trading on 100 shares on an explicit price manipulation.no buyers have been drawn to it soo far