Hey, what is up?

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For the last few weeks, market has shown unpredictable erratic movements. Both experts and naive common investors are wrong in predicting the market. But FII are seems to be exiting even from bluechips. They are practicing the same old technique. Releasing so called research reports, news of QIB placement, new strategic investor inclusion, oil discovery, new orders, etc…………, which are not readily verifiable. Even before you blink, the interested parties are exiting with handsome profit. Indiainfoline last week came out with two research reports released on the same day, one recommended selling of Punj Lyod and another recommended buy of that great company. ( Buying recommendation for Private investors and selling recommendation for common investors). Beware. During uncertain times like this, fundamentals are more important.
Don’t enter any Telecom stocks now. Only few players would survive next three years. Data services fetch income only after 3 years. Till such time, all are equal. Just exit. You would get these shares half the present price in some time within next two years.
I favor power sector and some pharma stocks. Accumulate SJVN , NHPC and GVK Power. Glenmerk may perform well in next 3 years.
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