Comme ci comme ça

The Road Ahead:

Indians are anticipating a populist budget from their FM. After this, there is no major event in the market that can help the BULLS. So we might witness a pre-budget rally. After this event the result season will come. However, Annual results might not cheer up the SENSEX as the numbers are likely to be stagnant.
On the other hand if the budget is not-so-good, then the BEARS will get a very strong grip on the markets. And when the BEARS are around there is no SENSE and SEX in the SENSEX.

If you are a long term Investor just have a word with a GUY who bought ‘Himachal futuristic’ shares at INR 2047 in the year 2000 and after 8 years the stock is trading at INR 30. So may be its time to go back to basics. Just have a look at P/E of a company before investing. I believe buying into Dividend paying companies won’t be a bad idea. And if you get capital appreciation too then you know you have got the ‘home run’.

Siddharth Rahalkar
rahalkar@gmail.com