2006-12-22 18:24:34 · 3 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
Anyone investing now is going to lose his shirt in market.Till now everybody used to make money as the market was moving up.No tip was required from any expert buy any index based share and it went up with sensex.Even Harshad Mehta & Ketan Parekh who were worshipped as wizard by the market lost their shirts when the market crashed.The market has reached crazy valuations as FIIs and Indian Fund investors are playing blind. A 10 Rupee share is being traded at 1500 while you get dividend on only 10.Making money now in market is going to be very difficult even for experts who may also lose their shirt.So better wait and watch.
2006-12-22 22:23:16 · answer #1 · answered by Anonymous · 0⤊ 0⤋
This week is the settlement week, as the derivative settlement is due on 28th Dec, Year end being holiday season for the FII so, there could not be lot of FII activity, so the market will perform according to Indian investor and MF activities,
It is expected Sideways, Investment in selected stocks would be worth.
THANKS
2006-12-24 00:42:23 · answer #2 · answered by AVANISH JI 5 · 0⤊ 0⤋
will go down
2006-12-23 02:36:09 · answer #3 · answered by khurram m 1 · 0⤊ 0⤋