Indian markets look to the US and western countries for inspiration.
Nifty 50 is hogged by a few shares and presents a rosy picture.
In fact most who have invested in mutual funds [except Gold ETF] have made losses.
Govt is fickle and gives daily adhoc directions and over using the control measures.
SEBI is going for the over kill citing investor protection.
Auto,housing sectors are in doldrums .IT majors are facing the wrath of US for not using local talent for jobs.
Consumers are not spending on discretionary goods as recession is around the corner.
Exchange rate of around rs 69 to dollar and higher oil prices are screwing up the indian economy and the market.
Shares are moving in a range . Market is volatile and it more or less returns to same value at the end of day.
Only day traders are making money in intra day trades.
One can at best make 6 to 10% in day behaving like a trader and taking a shot.
Alternately lay off and pray for monsoon and cheaper oil
Nifty 50 is hogged by a few shares and presents a rosy picture.
In fact most who have invested in mutual funds [except Gold ETF] have made losses.
Govt is fickle and gives daily adhoc directions and over using the control measures.
SEBI is going for the over kill citing investor protection.
Auto,housing sectors are in doldrums .IT majors are facing the wrath of US for not using local talent for jobs.
Consumers are not spending on discretionary goods as recession is around the corner.
Exchange rate of around rs 69 to dollar and higher oil prices are screwing up the indian economy and the market.
Shares are moving in a range . Market is volatile and it more or less returns to same value at the end of day.
Only day traders are making money in intra day trades.
One can at best make 6 to 10% in day behaving like a trader and taking a shot.
Alternately lay off and pray for monsoon and cheaper oil