Everything cannot get bad in equities. However in recent scenario everything seems to be garbage which is not the case. It would be bad to blame the market all the time, market gives us opportunity however we fail to take that. Valuations have become relatively cheaper and it gives me a feel that India is on sale. You are getting the best of Indian companies at a relatively lower valuations which I believe will attract foreign & domestic investors a lot, sale is going on!!! One should start systematic investment in various stocks. Things will change and its going to get better.
Current tumble looks more of like a political driven one as they have been unable to manage various growth related issue. Everything seems to be out of control as the major indexes showcase India's growth picture and its status..
Though few stocks holding the index higher however bunch of good stocks have been battered. I see opportunity in these market condition and I see good time to knock back.
Regards,
Manish Bothra
Current tumble looks more of like a political driven one as they have been unable to manage various growth related issue. Everything seems to be out of control as the major indexes showcase India's growth picture and its status..
Though few stocks holding the index higher however bunch of good stocks have been battered. I see opportunity in these market condition and I see good time to knock back.
Regards,
Manish Bothra
Nifty at 5718 when this message posted.
ReplyDelete