[Shankyz]

Originally Posted by sanjaymugur

can you tell me which is the best index based Mutual Fund... Reliance, Sundaram, Templeton etc ??

In my opinion, Benchmark NIFTY BeES seems to be a good choice, do your research for this fund and decide. I'd advise against investing any amount in one go, if you want to invest at this time, go slow and either go SIP or buy units only when market dips so that you get the units at a lower NAV.

All Experts... anyone knows why Mundra Ports is going down like crazy ? It's down almost by 66% from it's peak...trading at 495....wow..thats a great fall...wish I had sold my shares when it was hitting 14xx

[BaCkSeAtDrIVeR]

Originally Posted by Shankyz

All Experts... anyone knows why Mundra Ports is going down like crazy ? It's down almost by 66% from it's peak...trading at 495....wow..thats a great fall...wish I had sold my shares when it was hitting 14xx

As a share holder, can you please tell us (ok, do not tell us - just note down on a piece of paper) why the share is worth even 495?

I am not being sarcastic. I am justy trying to help. :-)

If you have no reason / do not know why it should be traded for 495, you have answered your own question.

Speaking for myself, I will not touch infra shares trading at more than 5 time earnings. Infra is high capital intensive, long gestation, slow turnaround, low and steady return sector.

But the boom we just saw was where companies with names like "crazy infotech" actually was able to find buyers.

For the record, I bought some 30K worth shares when the index was around 19K, and am at 5% appreciation. When the index went above 20K, I was actually carrying a loss!!!

[ajmat]

Well they said infra was the next dot com. Stick to consumer durables - people have money to buy a little more comfort

[tsk1979]

I wonder what happened to Tata Coffee, its gone below 200 levels!

[sanjaymugur]

Originally Posted by Shankyz

In my opinion, Benchmark NIFTY BeES seems to be a good choice, do your research for this fund and decide. I'd advise against investing any amount in one go, if you want to invest at this time, go slow and either go SIP or buy units only when market dips so that you get the units at a lower NAV.

thanks for that, got their website , seems to be good,will be calling their office tomorrow for sure..

Nifty will touch around 3600 - 3800 by april or may 2008, thats when i plan to invest around 50% my investment.. i plan to ride nifty for another 5 - 8 years.. else no point going in for MF's...

thanks once again..really appreciate it..

[iraghava]

Originally Posted by tsk1979

I wonder what happened to Tata Coffee, its gone below 200 levels!

Bumper Coffee crop this year worldwide. Coffee prices expected to go down considerably.

[tsk1979]

Originally Posted by iraghava

Bumper Coffee crop this year worldwide. Coffee prices expected to go down considerably.

Never expected that news to hit this scrip so much!
Anyways I am waiting for a famine

[BaCkSeAtDrIVeR]

@irags, raw coffee prices may go down, but not prices of the branded coffee. SHould not that drive prices of the Tata Coffee scrip?

[maddy42]

Well tata coffe has quite a lot of estates so a hit on coffee prices means a dp in their share value. Just my 2 cents

[rsjaurr]

I agree.Everything is possible in share market.

[BomBatt]

Yesterday, I was waiting for inflation data, and it came in at 6.68% . Inflation is at some 59 week high. This was a terrible news. I thought markets would tank minimum 500 points. But, to my utter surprise, markets were stable and actually went up !

Guys, is this a clear sign of bottom formation?. Some midcap and small caps are going up by 10-20% regularly. I am 60% invested and 40% in cash. Is it time to go fully invested?

[drkhalsa]

Guys, is this a clear sign of bottom formation?. Some midcap and small caps are going up by 10-20% regularly. I am 60% invested and 40% in cash. Is it time to go fully invested?

Imy opinion is NOT the right time to go fully invested

Market ignoring the bad news could even be sinister sign for coming crash in near term

Be care ful !
Monday is quite crtical now Dowjones have been flat to negative in past three days where as Nifty is on rally so kind of stage set for another black monday ot tuesday so take care

[rsjaurr]

Last week when market was trading at just over 14000 i went for some investment only to find that my account had long been suspended.
Even till now i couldn't activate it somehow but now i will wait untill there is some correction.

All 5-6 shares i had chosen are quoting about 20-30 higher than last week's price.

Right now market is ignoring some very bad news like inflation,rising oil prices,slowing down of various economies and possible increase in interest rate.This is election yr so you never know whats going to happen!!
So staying away would be the right thing.

[m3_07]

Boyz..stash the cash. You will need it quite shortly.

[vivekiny2k]

Originally Posted by BomBatt

Guys, is this a clear sign of bottom formation?. Some midcap and small caps are going up by 10-20% regularly. I am 60% invested and 40% in cash. Is it time to go fully invested?

come on now, you can't be asking for advice from us

frankly speaking, I think market is driven by individuals and firms who jump in and out at the slightest change of wind that it has started to defeat all logic of economics.

highly unpredictable!

I used to analyze and think people are stupid to quote so high for stocks and it will crash someday, but it stays on for an year or more and then you get tempted to jump in.