Panic button Triggered

I don't know how many of you slept well last night. If you had sound sleep, then you are not a investor of Indian share market. I really didn't anticipate the magnitude and suddenness of the market fall. I felt sorry for my friends who had long positions in F&O markets. Average loss comes to Rs.25 lakhs. Huge sum indeed. Now it is clear for every bounce back, there would be huge selling. What to do now? Though the stock valuations seems to be very attractive, don't invest huge sums now. If you can't resist the temptation of buying, invest only 1/6 to 1/10th of your cash now.
Positive triggers
Positive triggers
- Anticipated federal rate cut in the last week of January
- Pre- Budget rally of select sectors
- Continuing earning growth
- Our economy is still growing @ 9%
Be calm. Apply your mind. This not a time to pick stocks based on tips. ( All brokerages predicted 30% upside in NTPC; but this stock lost the most ).
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