praveen
18-03-2008, 07:31 AM
Market is lacking buying support. There is fear among investors that some Indian companies and banks may take a hit due to derivative positions. Even the domestic institutions are not buying given these fears and lack of positive sentiment.
Kisan R Choksey
Chairman, K R Choksey Securities
It will take some time for the sentiment to change. There is a need for large institutions like LIC to start buying frontliners to provide a filip to sentiment. Also, there is a need to make policy changes by allowing pension funds in equity markets.
R Venkataraman
Executive director, India Infoline
This is time to accumulate good quality stocks from medium to long-term perspective. They can go for old economy stocks like GSK, Bharti, etc. Markets have overreacted to global events. But, that does not mean that they cannot go down further.
Motilal Oswal
CMD, Motilal Oswal Financial Services
Lot of hedge funds can be seen liquidating their positions. As such volumes in the markets are very thin. Investors should not enter the markets at this time. One should wait for the things to get over. However, one can invest in mutual funds through SIP.
Rashesh Shah
CEO & MD, Edelweiss Capital
Kisan R Choksey
Chairman, K R Choksey Securities
It will take some time for the sentiment to change. There is a need for large institutions like LIC to start buying frontliners to provide a filip to sentiment. Also, there is a need to make policy changes by allowing pension funds in equity markets.
R Venkataraman
Executive director, India Infoline
This is time to accumulate good quality stocks from medium to long-term perspective. They can go for old economy stocks like GSK, Bharti, etc. Markets have overreacted to global events. But, that does not mean that they cannot go down further.
Motilal Oswal
CMD, Motilal Oswal Financial Services
Lot of hedge funds can be seen liquidating their positions. As such volumes in the markets are very thin. Investors should not enter the markets at this time. One should wait for the things to get over. However, one can invest in mutual funds through SIP.
Rashesh Shah
CEO & MD, Edelweiss Capital