2006-06-07 02:52:35 · 4 answers · asked by Dbank 1 in Local Businesses ➔ India ➔ Mumbai
Not only sensex but it is all the global markets correcting these days.
If you are not wise investors and brave hearts, don't believe in Indian economy, you should stay away from stock markets and look for safe and government securities only.
2006-06-07 23:03:34 · answer #1 · answered by helpaneed 7 · 3⤊ 0⤋
this is the time for correction ,,as u will see the sensex movement upwards.. and many started buying nowonwards...
sensex move down when peoples( FII's ( foreihn Institutional investors,HNI(high networth individuals)started selling thier counterparts..as for booking of thier profits and many in case of speculation ...
if u are investor u can invest in many companies as many companies are on thier 52 week low and it is good sign for getting invested...
try to get invested in market by investing in mutual funds
got more to write ..but soory this much is okay ..
2006-06-10 07:40:36 · answer #2 · answered by sanjubuddy 4 · 0⤊ 0⤋
This is the scenario prevelent across all developing economies currently. Currently there is an outflow of FDI (Foreign Direct Investment) and FII (Foreign Institutional Investments). Also small time traders and investors are currently selling out their stock in an effort of profit booking.
2006-06-09 19:11:06 · answer #3 · answered by Anonymous · 0⤊ 0⤋
thats b'coz dumb people invest in them.
2006-06-07 07:54:27 · answer #4 · answered by vinayak v 2 · 0⤊ 0⤋