Market has bounced back very well since last September. It is within touch distance of the all time high. But, be cautious about the facts that the economy is not that much back to its feet. The fundamentals have not changed much and its is not looking to the levels that were seen before the bubble busted.
GDP numbers are not that much encouraging,Exports have dipped,last quarter results were less than expected. But,the IPO market is buzzing and around 75000 crores of IPO are in the pipeline. Choose wisely and look for the clues to invest. Buy on Dips and Sell on Profits. The best Mantra to Invest.
Tuesday, October 6, 2009
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