Generally December, for Indian Stock markets is the month of lackluster activity, which is clearly reflected in the drop in daily volumes of our markets. This slowdown is generally because of Christmas and new year vacation by FII's. They generally become active in the second week of January. So as a retail investor one must sit on sidelines with cash and after getting direction from January may take call on the markets.
Presently the valuation s seems to be stretched, though long term growth story remains intact.
Some jitters can be felt in the markets in short term because of failure of our government to tame the inflation. One should be patient at this point of time and wait for the right time to Invest.
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