18 Oct 08 Good Time to Buy?
The kind of fall that the Indian stock markets have witnessed over the past few months has been unprecedented. I’m sure that there are a lot of investors at the moment wondering if this is the right time to start buying quality stocks. In my opinion, it is better to wait until the market bottoms out completely, which in my opinion will happen around December. As they say, never catch a falling knife. I think the stock markets around the world are nearing the bottom and individual stocks have already started bottoming out. Hence those investing on a long term perspective can start buying small quantities of shares in blue chip companies which are available in pretty good valuations at the moment.
Related Posts
Reader's Comments
Leave a Comment
What might be better is to wait for at least the Dec quarter results, as my sense is they will be below expectations… leading to a further decline in stock markets.
Dat was really a good time to buy share .
As 2day market is on Bull run and share prices are going high and high.
There can be no reason because of which market will crash down.
Now its high time to buy shares .
In near future all companies will be having their IPO high on price