Check the performance of the companies,if you think the valuation is ok,then go ahead and buy those company.Remember India and China is the only place for FIIs inflows in future.This is the only place where growth is expected.Forget about Japan,US,Europe and developed countries,they have no bussiness to offer. We still need roads,bridges,telecom,power,cars,u name it we need it.You try to sell vada pav in US and in Mumbai,,come on guys,,this is the place,this is the moment,,invest,,although not the entire savings,,few years down the roads,,you dont need to feel left out of the oppurtunity,,if u loose,,u can never loose,,just stay invested,,as long as possible,,in the end,u dont loose,,never