Due to being in the finance field i would like to share my opinion with you all on indian stock market.
Well for a person who does not understand this technical terms of markets and fundamentals of stock quotes. Just see the rally which has come into nifty from 5250 to 6300 from august 2013 to jan 2014.Its a 20 % jump in the nifty plus near about jump in the sensex also.
So my take is that to sell whatever people are holding at the moment because in a month or two we may see a big decline.Also this rally is 90% IT packed rally,that means only IT shares have risen as compared to any other sector on the index .
No matter what the top brass people sitting on business channel say,one should invest his/her money in his/her own way,let the business channel say anything. You dont know who is buying or who is selling ,so its your money invest it cautiously...nobody is gonna come and wake you up from slumber to tell you that sell when its the right time. You will be forced to sell your investments when all the big bulls have exited the market making a hefty amount of profit and leaving you with lemons in hand.
Will post more on this topic in the coming days.
Tk..Cre..
Well for a person who does not understand this technical terms of markets and fundamentals of stock quotes. Just see the rally which has come into nifty from 5250 to 6300 from august 2013 to jan 2014.Its a 20 % jump in the nifty plus near about jump in the sensex also.
So my take is that to sell whatever people are holding at the moment because in a month or two we may see a big decline.Also this rally is 90% IT packed rally,that means only IT shares have risen as compared to any other sector on the index .
No matter what the top brass people sitting on business channel say,one should invest his/her money in his/her own way,let the business channel say anything. You dont know who is buying or who is selling ,so its your money invest it cautiously...nobody is gonna come and wake you up from slumber to tell you that sell when its the right time. You will be forced to sell your investments when all the big bulls have exited the market making a hefty amount of profit and leaving you with lemons in hand.
Will post more on this topic in the coming days.
Tk..Cre..
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