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Will the Sensex claw back to the 20,000 mark in 2009?

Settled as No

BSE/SENSEX reached its highest point on the last day of the year, but that was only 17464.81, so although it increased a lot, it didn't it all the way back to 20,000 by year's end

Background:

Background: India's BSE Sensex gained 10,000 points in less than 12 months to touch the 21,000 mark in January 2008, before it crashed over the next ten months.
http://in.reuters.com/article/specialEvents3/idINIndia-36700920081126

India was among the fastest growing markets in 2007 and the slide of 2008 made it among the worst performers in the Asia equity scene.

Although the Sensex is at 9687points (as on Dec 23, 2008), bellwether Indian stocks are now available at reasonable valuations. Retail investors will want to grab this opportunity and more and more Indians might explore equity as an investment option.

Does this mean 2009 will see a new peak for the Sensex? Wait and watch.

Settlement details:As reported by a major mainstream news source.

 
Forecast history %
Yes
10%
No
90%
Settled as No on Sat 2nd Jan 4:57am PST

Suspend date: Fri 27th Nov 2009 10:59am PST
Settlement date: Sat 2nd Jan 4:57am PST
Prediction cut-off: Predictions on this question after Fri 27th Nov 2009 10:59am PST have been voided because they were made after the question could be settled

Initial likelihoods: Yes: 50%

Action history:

Created Tue 23rd Dec 2008 11:51pm PST by reutersindia
Changed Suspend date Wed 24th Dec 2008 4:24am PST by bayoubear[Admin]: was: "2009-05-23 10:59:00"
Suspended Fri 27th Nov 2009 10:59am PST : Suspend date reached
Settlement requested Fri 1st Jan 10:28am PST by hfl13: 52 Week High/Low

17530.94 8047.17
31 Dec 2009 06 Mar 2009
= No
http://www.bseindia.com/mktlive/indiceswatch.asp?iname=BSE30&sensid=30&type=sens&graphpath=/applet/images/graf_appSENSEX.gif
Settled as 'No' Sat 2nd Jan 4:57am PST by bayoubear[Admin]: BSE/SENSEX reached its highest point on the last day of the year, but that was only 17464.81, so although it increased a lot, it didn't it all the way back to 20,000 by year's end

Suspend date: Fri 27th Nov 2009 10:59am PST
Settlement date: Sat 2nd Jan 4:57am PST
Prediction cut-off: Predictions on this question after Fri 27th Nov 2009 10:59am PST have been voided because they were made after the question could be settled details

 

Predictions (37)

16 weeks ago
tuff_sledding[Power User] predicted No (H$2,000 at 83%)
16 weeks ago
tuff_sledding[Power User] predicted No (H$1,000 at 80%)
16 weeks ago
tuff_sledding[Power User] predicted No (H$1,000 at 79%)
16 weeks ago
tuff_sledding[Power User] predicted No (H$800 at 78%)
20 weeks ago
zvassil predicted Yes (H$2,500 at 18%)

Comments (2)

  1 hfl13
  2 hfl13
52 Week High/Low

17530.94 8047.17
31 Dec 2009 06 Mar 2009
= No
http://www.bseindia.com/mktlive/indiceswatch.asp?iname=BSE30&sensid=30&type=sens&graphpath=/applet/images/graf_appSENSEX.gif
posted 10 weeks ago

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