indian share market
posted December 27, 2008 - 4:57pmpresent situation of the share market is not supporting anyone to invest.
people are scared of investing in mutual funds and equity linked saving schemes.
i work in finacial sector and i want to share what i believe is right.following write-up is a personal opinion and is not based on any study.
1.right now the shares of all the companies are rightly priced(i mean not over priced)so risk of further fall in price is actually not that much as comapred to that time when sensex was above 20,000 mark.
2.stringent regulation and tansparent trading systems will attract new investors to indian share market.
3.unlike the last financial year,this time the retail investors(not the foreign invetors)will lead the current rally.people are still investing in different ULIPs and MFs.
4.experts are expecting sensex to touch the mark of 29,000 by june 2009.
nobody can say what is actually going to happen with indian share market but i suppose that nothing worse than whatever has already happened will take place.now the shares are cheap so its a wise decision to buy them as par our capacity and make profit as soon as the market recovers in the near future.india is definitely going to be a superpower by next 2-3 years and so the market will boom like never before.

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