Though the recession in US is imminent due to subprime crisis, the jitters are already happening in Indian Markets with the stocks plummeting almost 25 to 40 % from their highs. The seasoned investor is baffled as to what kind of sectors to invest and where he can leverage his existing position , either in terms of pulling out of the market or staying invested.
Best bets are the IT front and stocks like Satyam, Infosys are seen inching up to 2 to 4% of their market price , but the large picture is the recession fears have already wiped out the profits of the some of the big names, probably the biggest flop in IPO the Reliance Power went down as much as 20% in the first day of listing.
Careful study and cautiousness is needed if one needs to make money especially in this turbulent time of the markets which are riding high on subprime crisis .
Indian markets are expected to fall by 20% by this year end and the investor or the trader whoever wants to make money had to make a kill in the next few months to ramp up what they have lost in the past two months
Overall the situation is grim and the sentiments in the financial world are not so optimistic and we look ahead to more tough times ahead.
Lets wait and watch and make money where it can be made wisely.
Best bets are the IT front and stocks like Satyam, Infosys are seen inching up to 2 to 4% of their market price , but the large picture is the recession fears have already wiped out the profits of the some of the big names, probably the biggest flop in IPO the Reliance Power went down as much as 20% in the first day of listing.
Careful study and cautiousness is needed if one needs to make money especially in this turbulent time of the markets which are riding high on subprime crisis .
Indian markets are expected to fall by 20% by this year end and the investor or the trader whoever wants to make money had to make a kill in the next few months to ramp up what they have lost in the past two months
Overall the situation is grim and the sentiments in the financial world are not so optimistic and we look ahead to more tough times ahead.
Lets wait and watch and make money where it can be made wisely.
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