Indian stock markets were brimming with confidence over the past 5-6 days inspite of the apparently visible weakness in the Asian counterparts.
But the day has come for the Indian market to accept the fact that What goes up has to come down sometime!!
Luckily for me, I came out of the markets 2 days back and invested in bank FD which gives me 6%.
As I write this blog, NSE is down about 4.9%. God save the retail investors from the FIIs, Indian regulators and global meltdown.
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1 comment:
macha i feel the markets will bounce back in a month...i dont think there is fundamentally anything wrong with the stocks..good tht u came out of market i also sold dlf just on friday n it fell by more than 80 bucks today...
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