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I was there... I was right there when the markets crashed in the month of January... trading suspended for an hour.. sensex crashes by 10% in opening minutes... If that was a punch below the belt to the investor community then the journey from January to June has been nothing less than strangling... yes the markets have got dirtier... and I am also dirting myself. Earlier a hardcore investor, I have shifted to ruthless trading... though this is interesting... only as long as you're making money. According to me, the year of 2008 will go down history as one of the best opportunity to invest and reap the benefits in the years to come.
Tough times don't last, tough people do. Our growth story is intact and we will grow... all that is required is a vision... a faith... a belief that the growth path that our country is on is not shortlived... that its not hampered by inflation or rupee depreciation... Yes problems will come... our economy will be under pressure... but have no doubts that it will keep growing... it will... because it has to.
I would want to wish all our investor brother to have faith in the growth story.
I am now operating out of Europe and work for one of the best IT companies based out of Bangalore. I miss my country a lot. But to keep funding my dreams, I need to work from here and invest in the stock market. My hobbies are reading books, the one I'm reading now is by Ken Follett "Whiteout".. apart from that I love travelling and my latest trail was through the Wanderweg in Zurich.
Was a stamp collector as a kid ;-)... and well still keep them and I love writing... my diaries are indispensible...
The following companies are fundamentally strong and offer attractive valuation for investment for a period of 3-5 years where-in they will be alteast 3-10 times depending on the scrips:
1. Relinance Industries
2. Relinance Petroleum
3. Larsen & Tubro
4. Nagarjuna Constructions
5. Teledata Informatics
6. IVRCL Infrastructures
7. Punj Lloyd
8. Bank of Baroda
9. Bank of India
10. Siemens
11. NTPC
12. BHEL
13. Crompton Greaves
14. ABB
15. South Asia Petrochem
16. Thermax
17. GE Shipping
18. Powergrid
19. Welspun Gujarat
20. GAIL
21. Jain Irrigation
Time and the Indian Stock market are the best teachers if you have to build character.
I'd like to wish all of us good luck with our investments
http://ami-kye.blogspot.com
Also see souravkundu’s rated messages
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me and my fiancee are against dowry... :-))
Infact I am walking a thin line... she might call off the marriage if she comes to know of my latest purchases of TD...
I might have to forcefully sell them to sign the marriage document and I would not be happy doing so.... I meant selling... ;-))
regards sourav...
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Over the last few years I have also learnt to believe my gut feel... good luck to you... GAIL is one of the best PSU companies... you can continue holding if you do not want to get involved in the short term trading stuff... I am now waiting to pick up stake at 370 pre bonus and 250 post bonus... lets see when it comes..
regards sourav...
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