Rediff India Abroad
 Rediff India Abroad Home  |  All the sections

Search:



The Web

India Abroad




Newsletters
Sign up today!

Article Tools
Email this article
Top emailed links
Print this article
Contact the editors
Discuss this article
Home > Business > Special


Sensex to cross 15,000 by 2008

Indrani Roy Mitra | 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 mistakes small investors should avoid
  • You should not invest on hear say
  • You should not be bullish
  • You should not heavily invest in one scrip and should spread over your investments.
  • Long-term view should be taken in regard with Investment
  • Do not invest in a speculative scrip

Five basic norms of smart investing

  • You should analyse before investing in a scrip.
  • You should not over invest full savings.
  • You should not invest in one scrip with long-term view in stock market.
  • Before investment, one should look at the management and take an analytical view of the scrip
  • You should not invest in excitement.

More Specials

Share your comments


 What do you think about the story?




Read what others have to say:


Number of User Comments: 1




Sub: Its an undulating path, folks !

When it goes up, all the sentiments are for the ups. When it goes down, all the sentiments, unfortunately, get crestfallen. The unmistakable principle is ...


Posted by chanakya




Disclaimer


Advertisement






Copyright 2006 Rediff.com India Limited. All Rights Reserved.