Seems to be a free fall. Bottom has gone out of the market.It has been a free fall for some time now. None of the analysts are able to predict the bottom. Most of them of course have started advocating gradual buying. While people talk of PE compression , lack of liquidity , panic selling etc, they have started advocating staggered buying.
Sensex hit 8500 on 27 th Oct 2008 and most of the A group shares are down by 60-70 % of their year highs. Midcap shares , the situation is worse. Quite a number of them are 20% of their yearly highs.
In this situation, people who are looking for decent gains , would do well to invest in A group shares.
Mid cap shares carry a larger risk, of course greater upside possibility is also there. A certain 40 % gain is always better than an uncertain 70%
Sensex hit 8500 on 27 th Oct 2008 and most of the A group shares are down by 60-70 % of their year highs. Midcap shares , the situation is worse. Quite a number of them are 20% of their yearly highs.
In this situation, people who are looking for decent gains , would do well to invest in A group shares.
Mid cap shares carry a larger risk, of course greater upside possibility is also there. A certain 40 % gain is always better than an uncertain 70%
