Hi All,
I am looking for like minded people who are keenly observing indian stock market.
It is going up..up and up....
Any tips which are good stocks to buy at this level.
~Dips
I have brought this shares, Mysore cements (60), SM Goetz(360), the rates in bracket are current rates
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mor
Whenever you experience joy, peace, security, equanimity or purity, it is only because you are aligned with ALMIGHTY.
At this point of time I feel it's hard to enter and make a gain ...the stakes are high..nevertheless there are few companies to risk on long term..and i think can expect 15-20% return.
I made an analysis of canadian mutual funds vs my own investment in India,
when many banks mfs at the most given 20% and averaged around 10%. All my investment in India have given a return of 50- 60% and few 300 - 400%. Unfortunatly I invested very less amt. and didnot gain much.
There is a lot to make in India I feel... and so the risk too are pretty high.. it's a good idea to share knowledge and form a club.
If you wish an indirect way of investing in indian stocks, try investing in Excel India funds. Has more or less mirrored the BSE in the last 4 years
For more info visit
http://www.excelfunds.com" rel="nofollow">LINK
If you know anybody in India who can score you some shares in DLF's IPO- do it. You won't lose.
Once they hit the market, the prognosis is that it will catapult DLF's owner to being the richest Indian.
He is already known unofficially as the richest Indian in India with real estate valued at Rs 100,000 crore plus. He owns most of Gurgaon and his fortune turned in his fifties. He is already on Forbes' rich list, but Forbes isn't very good at estimating the wealth of people in India, China and other countries with parallel economies.
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