Online Trading websites for Indian shares.....Please share your suggestions
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Posted on: 15-04-06 09:06:46
Dear Rajju, Indione
Thank you very much for your replies.
PMA.
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Knowledge is Power
Sharekhan has now started trading in BSE as well.
You are getting into the Indian market at the wrong time. The Indian market is the most expensive in the world in terms of price earnings ratio and I would exercise extreme caution.
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Light up your life by being positive
Dear Indione,
Thank you for your reply.
Could you please share some more information about the present Indian share market. Why it is wrong time to enter Indian share market now?
What are the precautions I should take before entering this market. Your suggestions and advise is a valuable one for me.
Thank you.
PMA.
Quote:
Originally posted by indione
Sharekhan has now started trading in BSE as well.
You are getting into the Indian market at the wrong time. The Indian market is the most expensive in the world in terms of price earnings ratio and I would exercise extreme caution.
-----------------------------------------------------------------
Knowledge is Power
There is a saying in the market:
"You enter the market when there is blood on the streets and exit when a cabdriver starts giving you tips".
The Indian markets have run up very sharply and for a healthy market, there is need for a correction which is already happening as we speak. My take is that Indian Corporates may not be able to keep up with the 50% growth levels that we have been seeing in the past two years. Today, the markets seem to be news driven. If a Company takesover another Company in some corner of the world, the Company share price jumps. Nobody seems to care whether the acquisition is going to lead to better bottomlines which may not be the case in most cases. I would now settle for a modest 10% return from these levels from the Indian markets.
I could be wrong though with the level of liquidity that the Indian market is experiencing. If you need to pick Companies, pick Companies that are globally competitive and have good management or are good takeover targets. I believe that the entire Indian cement industry could be taken over by the likes of Holcim and Lafarge.
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Light up your life by being positive
Dear Indione
Your Analysis of Indian share market is very good.
Thank you for your post. I appreciate you for sharing your experience with Indian share market.
PMA.
Quote:
Originally posted by indione
There is a saying in the market:
"You enter the market when there is blood on the streets and exit when a cabdriver starts giving you tips".
The Indian markets have run up very sharply and for a healthy market, there is need for a correction which is already happening as we speak. My take is that Indian Corporates may not be able to keep up with the 50% growth levels that we have been seeing in the past two years. Today, the markets seem to be news driven. If a Company takesover another Company in some corner of the world, the Company share price jumps. Nobody seems to care whether the acquisition is going to lead to better bottomlines which may not be the case in most cases. I would now settle for a modest 10% return from these levels from the Indian markets.
I could be wrong though with the level of liquidity that the Indian market is experiencing. If you need to pick Companies, pick Companies that are globally competitive and have good management or are good takeover targets. I believe that the entire Indian cement industry could be taken over by the likes of Holcim and Lafarge.
-----------------------------------------------------------------
Knowledge is Power
