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View Poll Results: Stocks as a percentage of my net assets are -
0 - 25% -- I'm like the most conservative Indians. I love FDs. 219 32.02%
26 - 50% -- I have a few stocks. 302 44.15%
51 - 75% -- I'm an active trader. 113 16.52%
76 - 100% -- Hey, I'm an i-banker!!! 50 7.31%
Voters: 684. You may not vote on this poll

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Old 19th January 2008, 15:40   #166
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Dceite: My recommendation would be to hold on for some more time. No point in exiting right now. The markets are down and so are the NAV's of MFs. Markets are bound to bounce back once this IPOs rush is over. I presume that the amount invested by you is not very important and is urgently required for your personal reasons more. It can be left alone for next couple of months.

BTW, can you confirm me whether is there any exit load and lock in period?
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Old 19th January 2008, 16:04   #167
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Dont try to catch a falling knife...wait till it rests somewhere. This is especially so for pure IT services cos like Infy. In IT space, I find TCS and Wipro capable of handling the difficult situation better than Infy considering their service/domain/market diversity. But avoid that domain for now..

GW Bush has already officially stated that "US is going through a recessionary trend and difficult times..". This does not augur well for any EOU businesses out here. Infy has a very high exposure to US and is aggressively trying to extricate itself.

I would support Bombatt in his recommendations. The stocks he has listed are some of the most promising. But looking at the pattern this week, it may not be any better next week also. So it maybe a good idea not to enter any stocks ...
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Old 19th January 2008, 16:07   #168
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Quote:
Originally Posted by DCEite View Post

...The NAVs of these funds at the time of purchase was 163.34, 467.42 and 290.42 respectively.
However, right now the funds are at 160.4090, 457.7700 and 276.9500 respectively.

I understand that i committed a mistake, by investing in lumpsum when the market was high. Saving grace is that i did not invest much. Only 5k each (total 15k).

Now my question is, should i exit these funds to prevent further loss? Or is there any hope that in the long term (say 2-3 years), i might just earn a bit profit?
DCE.. dont get panic with just a month old exposure and relatively small amounts. Maybe you can wait for a few more weeks and pick up some more to even out the prices when they bottom out. MFs are never meant for short term gains.. wait for atleast 6 months for a decent evaluation.
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Old 19th January 2008, 19:58   #169
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Quote:
The NAVs of these funds at the time of purchase was 163.34, 467.42 and 290.42 respectively.
However, right now the funds are at 160.4090, 457.7700 and 276.9500 respectively.

I understand that i committed a mistake, by investing in lumpsum when the market was high. Saving grace is that i did not invest much. Only 5k each (total 15k).

Now my question is, should i exit these funds to prevent further loss? Or is there any hope that in the long term (say 2-3 years), i might just earn a bit profit?
all the MF you mentioned are very good rated funds and for sure they will be back to their cost pricce in coimg 15 days so dont worry at all!
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Old 19th January 2008, 19:59   #170
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Ohk.
I will wait. In any case, my investment horizon is long term. Only thing is i will never invest lumpsum in Mutual funds again.

Coming back to stocks, how is NTPC for long term, say 1.5~2 years? In the last 1 year, it gradually increased from ~140 to ~240. Good long term buy?

Last edited by DCEite : 19th January 2008 at 20:06.
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Old 19th January 2008, 20:09   #171
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Quote:
Originally Posted by DCEite View Post
The NAVs of these funds at the time of purchase was 163.34, 467.42 and 290.42 respectively.
However, right now the funds are at 160.4090, 457.7700 and 276.9500 respectively.

I understand that i committed a mistake, by investing in lumpsum when the market was high. Saving grace is that i did not invest much. Only 5k each (total 15k).

Now my question is, should i exit these funds to prevent further loss? Or is there any hope that in the long term (say 2-3 years), i might just earn a bit profit?
yeah......you should wait for about 3yrs atleast to get good returns.
Dont get panic as you have invested in really good funds and eventually these will bounce back which i suspect wont happen soon.
Two things i learnt from my experience with stocks
1.invest only in good stocks e.g.reliance,maruti,infosys,wipro,major banks etc.
2.Have patience,3-5yrs is good period for good returns.

Quote:
Coming back to stocks, how is NTPC for long term, say 1.5~2 years? In the last 1 year, it gradually increased from ~140 to ~240. Good long term buy?
seems to be good for longer term,>2yrs.I am thinking of buying it in near future.


BTW,market may move down further coz of many good but expensive IPO's in the pipeline.

Last edited by rsjaurr : 19th January 2008 at 20:14.
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Old 21st January 2008, 11:38   #172
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Today NTPC is further down at 230. Is it the right time to buy? Or should i wait for further correction?
My investment is for long term >2 yrs.
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Old 21st January 2008, 11:46   #173
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Quote:
Originally Posted by DCEite View Post
Today NTPC is further down at 230. Is it the right time to buy? Or should i wait for further correction?
My investment is for long term >2 yrs.

It will be a courageous and bold decision.

NTPC has more projects for future than recently announced Reliance energy but later will climb share market much more rapidly coz of "sarkari babu's" involvement in former and Ambani's tag on later.

I expect the market to move down further a bit though.
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Old 21st January 2008, 12:04   #174
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@ DCEite: Do not buy anything right now. The trend is not certain whether it will move down or up. I'am also waiting to enter but slightly freightned at seeing the volatility of the market.

The market had 18500 as the support. Today this support has broken. It may go down fruther. Pls wait.
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Old 21st January 2008, 13:05   #175
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1400 points down and counting.................................17500 - sensex

Its a bloodbath out there !!
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Old 21st January 2008, 13:34   #176
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400 pts recovered...
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Old 21st January 2008, 13:39   #177
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whats the best stock to buy now on a very short term perspective?
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Old 21st January 2008, 13:56   #178
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800 pts down, and falling again, now 1100!!

manson.
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Old 21st January 2008, 13:59   #179
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Dont worry guys.

If I can read the charts correctly, its forming a double bottom . It has to recover from todays low of 1000 odd points and close way above the days bottom. Wait and watch
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Old 21st January 2008, 14:05   #180
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Quote:
Originally Posted by Proxima View Post
whats the best stock to buy now on a very short term perspective?
Sorry to disappoint you, but I bet if anyone can tell you that and be consistently right, and if someone is 100% sure they would rather borrow all the money and put it themselves than share it with anyone.

Cheers,
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