Yesterday, I had posted a historical circuit breaker list to generate some idea of how the immediate reaction was. And I repeat again that, history may or may not return itself because of always-changing market scenarios.
|5th Sept ’21|- 3.70%|
|6th Sept ’21|+ 5.74%|
Today, the market reacted to yesterday’s negative circuit breaker with a massive + 5.74% gain. But this gain was highly supported by the [news breaking of the ](https://www.onlinekhabar.com/2021/09/1009357)[finance minister’s call to the ](https://www.onlinekhabar.com/2021/09/1009357)[governor](https://www.onlinekhabar.com/2021/09/1009357) around 1 pm. For this reason, unlike previous days, the market sentiment has definitely changed now. So now, I am strongly in support of the continuation of bull market supposedly there will be some modification to the 4/12 crore rule. Still, I am in support of the rule. But, the majority of public sentiment said otherwise and hence the fall.
Anyways, we don’t know the reasons behind the previous circuit breakers and consequently the pullbacks. However, we can always put a possibility of immediate correction to negative circuit breakers and act accordingly (of course by managing the risks).
Finally, Cheers again to the bull market!