Oct 22, 2005 04:32 PM
13697 Views
(Updated Oct 22, 2005 04:33 PM)
BSE the gateway to investing in India. Its a place where few become richer whereas many become poorer. since its birth this great institution has seen many ups n downs, a few scams. restrictions and grip of SEBI has been increasing gradually day by day. Being the biggest platform in India and one of the leading Markets in the developing economies has always attracted investors. hardly a few of them take up wise decisions and make the right use of their money (those are the ones who study analyse and then act) and as a result get returns. However, there are most of them who just get fascinated or carried away just coz the mkt is booming.
different people have their own diff views about the stock markets.
who should be in ? this dosnt not mean who is allowed to be in or who is not allowed.... by this what I mean is that..... those who have a lazy approach who want to put into their money into the market just coz they have too much of it....better keep away....as this market has 2 phases (like how we have high tide and low tide) in financial terms it is Bearish and Bullish (bearish is the term used when there is heavy selling in the market and the index falls....whereas bullish is exactly opposite to bearish)......secondly is the those kind of people who think that it is a money making machine..they hear that some tom dick n harry has made gud money in the market so they decide to enter the market.....however, its not always easy to make money in the markets for this kind of people...
who should be in ? well do I need 2 ans this question ? definately who have sound knowledge of the market movements trends and above all technical analysis skills follwed by a gud vision should really make use of all their skills and make the maximum out of the markets. the most important factor which I think one shud posses to invest into the market is Patience and the courage to bear losses....
few years back when I was in my teens and doing my studies I had read somewhere that the sensex has crossed the mark of 5000 and there were celebrations....fireworks.....that time did anyone ever think that this market will reach this highs of over 8000?? what has been the reason behind this ?....i discussed this with one of my collegues here and what we understand is that the market is not fully run by the local investors or Institutions.....FII (Foreign Inst Investors) play a major role in running any market....and can this FIIs be trusted ???? the answer is definately no... coz this money can be pulled out of the market overnight.....coz thers no restruction on trading in any market.....
above all Indian markets r not fully developled like the US markets....and have a long way to go n prosper......
these views r based on my knowledge of the markets... However, I shall be honest enuf to let u know that I m not directly involved into the indian stock markets nor am I having and position in the BSE or any indian mkt.... However, I am actively involved in the Middle east and the us stock markets.
Regards
Nahid
