After a long confusion n laziness i am finally writing my first blog, without wasting your time i am directly moving to the topic
From Last Diwali to Diwali of 2009,Nifty gained 91% and there was approximate same gain in the Sensex, means approx 100% return in equities in 1 yr as compared to 7% in banks. Most of the indices have moved sharply in the same time period including Metal,Autos n Banking. Most of the stocks have given wonderful return in the tune of 100% etc.
The main question arises here is that, How many of investors gained from this rally?... ans is that very few retail investors are beneficiaries of this movement, there is feeling of left alone in this rally in their minds.
Wat to do now?
Another question is that wat now these people can do?
Again there is confusion... whether to invest or to wait for correction... nobody can actual predict the market movement.But the fact is that market is moving ahead of its fundamentals. The current PE is 18X FY10 earnings which is not the cheapest valuations among the emerging markets
keeping the above things in mind now one should not be in hurry now to invest, rather v should wait for correction, n selectively pump our money in fundamentally strong stocks to get good returns.
"Fear when everybody is greedy, be greedy when everybody is fearing"
-Warren Buffet
