Indian Stock markets still look good. Not only Indian stock markets but all global markets have been real range bound lately. Many analysts believe that this is co because a lot of hedge funds and banks are still skeptical about the financial well being of the world and quite scared of playing a gamble in the equity markets where the momentum is not picking up. However top mutual funds in India are doing some buying but that’s not just enough to bring the momentum in the heavy indices like the NSEs NIFTY or the BSEs Sensex.Research analysts strongly believe that this inflation that is pressing the markets downwards should settle down or go below 6%, if we have to see some rally in the top Indian shares. The markets are definitely waiting for some buying to happen, but that is not going to happen unless we some slide in the commodity prices (or inflation in other words). The NRI investing in the Indian stock market has also gone low in the gone 2 weeks says a couple of NRI brokers who are financial firms dedicated to nri investment in India, opening dmat accounts and offer NRI services.
The Indian stock market bull story is not over, as we are definitely witnessing a correction, propagated due to the US recession worries and gas prices in general. We can certainly see a rally come into the stock markets of India and see good buying in Indian mutual funds in the coming 2-3 months, thus it is advised to select proper stocks in advance just to delay last minute rush, that give your wrong prices when you buy shares. It is clearly advised to get into the markets with full view and caution to make money in this highly volatile times.
IMPORTANT DISCLAIMER: Investment in equity shares has its own risks. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on sources that we consider reliable. I, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and I am not responsible for any loss incurred based upon it & take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations given in this blog.