Where it is Going??

It’s been long since my last post which I posted on 28^th of August2011.

The reason for being silent for this long time is that I am blessed with a Baby Boy in Last December. I stopped writing after August Just to spent full time with my better half. After 16^th Of December the new era of sleepless nights have began and this is continuing J …… These days I am living joyful moments with my family so didn’t find time to write on my blog……

I watched market movement whenever I got time… mostly through my mobile connection on the fly…

One thing I want to tell you friends that I am not able to understand why market is making new highs these days…. Really no idea…. According to me nothing has been changed fundamentally as of now….

Nothing has been changed in Greek… Still High Debt Concerns…. News may come at any day... Economy of Greek has not started to be on right path yet….. I think this type of Debt concerns may rise in several other countries in coming months….

Oil Prices has started soaring already….

Difficult to understand this type of rally just on the news of Better than expected Job Data of USA, EU efforts to bail out Greek & PMI Data of Europe………

We could see a growth of 6.8% in 2012 which will be worst since 2009….. Fear of Sharp Fall of Exports in China is rising…..

I will be on a conservative side and say that it’s too early to judge this run-up as an end of bad phase….. Now and then one day fundamentals have to come in front…..

Assumptions about fall in Interest rates in India are on high…. Interest Free Bonds has seen overwhelming response recently which was offering 8.3% tax free returns for 15 years period. Though currently there are a lot of concerns about the global economy but in longer run equities will defeat every other investment instrument….. Those who don’t want to take risk in investing in market and want to park their money somewhere safe may look upon for Dynamic Bond Funds, MIP Savings Plans etc…….

As I wrote earlier also, a healthy correction is pending now….. That will be a time to enter good stocks…. IDFC, Mayur Uniquoters, Gold, UTV Sftwares(multiplied almost 3 times), Eros, Petronet LNG are already doing good… others are not performing and have beaten down…

One should subscribe to MCX IPO……