"Indian Economy is well on a way to recovery and in line with growth expectations".
These are lines anybody watching CNBC or NDTV Profit would hear.A retail investor has his eyes plugged to the BSE Sensex or Sensitivity Index on either of these channels or otherwise.Following the SENSEX blindly is something an investor has to rethink of.
Nowadays the SENSEX has enough reasons to be volatile.The latest of offerings being the CBI raids on the offices of LIC,Central Bank of India,Bank of India and few others.Not to be forgotten ,the bomb shells on South Korea.The Sensex , in our opinion is only a figurative benchmark of the probable fusion of economic,social and political factors.
A small word of advice to the Indian Investor.Sensitivity Index is named hence as it captures news and developments which may or maynot be detrimental to the economy.Let the word SENSEX not obstruct your deciding power.Regular investments are the way forward and timing the market the biggest mistake.
MM
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