Dear Members,
Market has taken a decent correction of 3000 points on Sensex. The concern of Inflation, tight fiscal policy thereby rising interest rate in economy and to top it all the Egypt crisis, is taking its toll on Indian bourses. Market men expect some more selling by FIIs on the street and therefore you can brace for further fall in the market.
But, one thing is sure market has come to a level where one can start accumulating good stocks like RIL, L&T, BHEL, ITC, HUL and some players from infrastructure space like IVRCL and Lanco Infra, in ones long term portfolio.
The best way for Investment in this kind of market is SIP meaning thereby Invest systematically every month a fixed amount so that you enjoy the benefit of averaging. Its been proven time and again that its always best to invest in the market systematically rather than putting your money at one go. The power if SIP is such that you can earn decent return in long term even if the market remain same on point to point basis say after three years or any period.
More to follow..
Nitin Kumar
Ethical Investment
Market has taken a decent correction of 3000 points on Sensex. The concern of Inflation, tight fiscal policy thereby rising interest rate in economy and to top it all the Egypt crisis, is taking its toll on Indian bourses. Market men expect some more selling by FIIs on the street and therefore you can brace for further fall in the market.
But, one thing is sure market has come to a level where one can start accumulating good stocks like RIL, L&T, BHEL, ITC, HUL and some players from infrastructure space like IVRCL and Lanco Infra, in ones long term portfolio.
The best way for Investment in this kind of market is SIP meaning thereby Invest systematically every month a fixed amount so that you enjoy the benefit of averaging. Its been proven time and again that its always best to invest in the market systematically rather than putting your money at one go. The power if SIP is such that you can earn decent return in long term even if the market remain same on point to point basis say after three years or any period.
More to follow..
Nitin Kumar
Ethical Investment
Egypt crisis is being projected as major cause behind downward slide in Sensex and Nifty on Friday. But is it really the scene? How Indian secondary financial market is exposed to Egypt crisis?
ReplyDeleteThanks for your query..Egypt is connected in a way that, if the problem persists over there for longer period then crude prices can again touch new highs which in turn can put inflationary condition not only in India but world across and high inflation is always detternet for Industrial and other growths co associated with this in any economy, guess your query gets answered
ReplyDeleteYeah....I could make out that. What is going to be short term scenario for Sensex and Nifty?
ReplyDeleteMarkets can come down further by 400 points on nifty and 1200-1500 points on sensex..
ReplyDeleteIt seems to be very bearish sentiment for the market then....
ReplyDeleteMarket has nosedived today. What is your outlook towards the market now?
ReplyDeleteMarket is witnessing huge selling pressure from big guys like FIIs, MFs and DIIs with major concern being inflation, With investments being tepid and liquidity drying up in short term the outlook remains bearish in Indian market at least for short term say around 2-3 months.
ReplyDeleteThanks for reverting back. I will come back to you, when I have any further query.
ReplyDelete