A lot of hype is created by media , including you, about the Sensex reaching this figure or that.It serves no purpose other than fuel greed in people in what has become state sponsored gambling.It is frightening to see retired people , students , housewives put their money in a rising market without understanding the basics of stock market operation.
When the market crashes ( as it must sometime ) it is these vulnerable sections which will caught napping while the brokers , FII s will escape well in time.
It is time that u stopped hyping up the market and concentrate instead on educating the readers about the flip side too.
Highly Impressed. That these gave 800 percents in 15 years and the last 1000 points in almost 3 months. Who is winning these days sir out of these thirty companies.
The article could have been more insightful if the author had included some analysis of this boom.... more so cuz its supposed to me more than just a news article - it featured in the 'specials' section... so more than plain facts was expected.
I'm bored of rediff often giving misleading information for the sake of glorifying indian markets. Why don't you tell the truths of Scams, Insider trading and manipulations on indian markets spread over the decade. Indian markets have the dubious distinction of malpractises compared to overseas markets. Please don't mislead investors.
According to my point of view moving along with market for long term relationship with BSE is wiser than moving in and out of market.For Sensex will reach the mark of 10000 points for developing country like ours Outsourcing and more foriegn investments will boom the market in future, My piece of advise is to Invest in Indian company shares go throught while you opt for mutual funds. Market is Matured people are aware so its safe holding hands and moving forward i heartly congratulate BSE NIFTY NSE reaching record mark making history and moving India ahead along with other world market leaders.
