Personally speaking, our economy is still looking strong with great fundamentals. Stock indices are just numbers which really donot reflect anything. I think that investors are just panicking owing to global downturns. But, sarcastically speaking, when the market was moving towards the 13000 mark, retail investors didnt know where and what to invest in? And now, when the market is closing towards the 10000 mark, still they donot have a clue. My advice for such investors would be to be in the market for long-term and panic. If you lack technical and fundamental skills and buy/hold/sell shares as per word-of-mouth, go for equity diversified schemes with SIP as an option. When our Indian markets display such huge swings from 12000 odd to 10000 odd in matter of few days, the rupee-averaging method plays a key role in providing high returns and sort-of reduces the risk if not eliminating. Last but not the list, be confident of our growing economy as our FIIs. If they have sold their holdings worth crores, they have also gone long for the stock futures clearly reflecting they wanna be a part of this booming economy. And so should you my fellow Indians... So be confident and invest smart.
In this times of volatility and Market Crashes too, one can confidently invest in Mutual Funds on a SIP, they ar less prone to daily ups & downs and offer one a good return of inverstment for a long term duration.
Sir i would be happy if you let me know about various mutual funds plans and their advantages. Is it good if i go for a short term and expect a good returns.
Dear All, I feel that the recent slide in the share market is because of some rumors going on in the market, leading to sell off by the FII's and other institutional investors. I think that the small investors who want to invest for the long term may use this as an opportunity to enter the stock market now but only purchase shares of good companies which have reached their rock bottom at present. Some such companies are Dabur India, GAIL, Micro Inks, JK Paper, DLink, MTNL etc. If you are not sure about choosing the right stock pl. invest through diversified mutual funds of good companies like HDFC and HSBC. Thanks, Deepak Ashish Kaul.
