Advertisement

Help
You are here: Rediff Home » India » Business » Special » Features
Search:  Rediff.com The Web
Advertisement
   Discuss   |      Email   |      Print | Get latest news on your desktop

Sensex to cross 15,000 by 2008
Indrani Roy Mitra
 
 · My Portfolio  · Live market report  · MF Selector  · Broker tips
Get Business updates:What's this?
Advertisement
February 27, 2006

The Sensex has topped the 10,000-mark. But will the bull run continue? Here's some expert advice for small investors.

In the fifth part of this series, Rupa Naik, executive director, All India Association of Industries, says that the stock market has proved to be more lucrative than any other investment as it is hassle-free today.

Do you think the market will go higher? Where do you see it this year?
As there is liquidity in the market and retail investors have shown confidence in the stock market, which has crossed 10,000, the Sensex may further go up and is expected to cross 15,000 by 2008.

What would be your advice to retail investors?
At this stage, the retail investors should be cautious before entering the market and do a study in the scrips they are investing in. However, the safest mode of investment is mutual fund.

What is a good investment option?
The stock market has proved to be more lucrative than any other investment as it is hassle-free today. However, it is still safe to invest through mutual fund.

Which are the sectors that are likely to boom?
Pharma, IT, cement and shipping are expected to boom.

Should you invest directly in stocks or through a mutual fund?
In view of the present Sensex, it would be preferable to invest through mutual fund.

Five basic norms of smart investing 

More Specials
 Email  |    Print   |   Get latest news on your desktop

© 2008 Rediff.com India Limited. All Rights Reserved. Disclaimer | Feedback