Saturday, March 8, 2008

THE INDIAN MARKET MELTDOWN

Popular sectors have seen a sharp price erosion

BROKERAGE FIRMS:
REAL ESTATE FIRMS:

POWER SECTOR:
STOCKS THAT WERE RECENT TRADING FAVOURITES:
  • The long term growth story of the Indian Economy is intact.
  • This is a Stock Picker's market.
  • Investing in popular or overvalued sectors is always risky. You can never know when the party ends.
  • Invest with an adequate margin of safety, and know your investment risk profile.
  • Never buy a good stock at an expensive price.
  • Over the short-medium term, the direction of Indian equities will be dictated by global markets.
  • The current recession in the US will continue to drag down world markets.

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