With the Sensex crossing 21K mark!! today.. the Bull seems to keep running.. and hoping that it will for some more time to come…Markets seem to be bullish at times and bearish at times depending on theinternational markets performance, crude oil prices, national/internationalpolitical/apolitical affairs, blah blah …
Business channels and economic dailies come with their daily analysis on which stock to invest and which not ..So in the midst of this run withmajor stocks at all time highs - is it the right time to invest?? What my logic says is that (which is similar to that of age old one or rathersimilar to the theory of diminishing returns expelled by some economistages back ) all times are right times of course depending on which stock one is investing , any investment into the diminishing goods would always bear returns..!!
Ps see : I am barely an amateur in this space (so would not dare to give any explicit views!!) :)
With the dollar’s worth depreciating against that of Re …- the most hit are the export houses, and biggest amongst them are the major IT companies (bagging all major MNC projects) what makes me wonder then is that why still are these major IT companies bringing in new employees and why then are they in the race of number crunching?? If they still have enough of profits from the previous bargains, why not prefer to share amongst the existing employees rather then bringing new ones and distributing the profits..!! ;)
Before I open my baggage of little knowledge in this arena :) – I guess this is enough to quote here.. and would leave the rest to the business channels and economic dailies to bring in their introspection, analysis, judgments etc etc..
Enjoy the bullish run/marathon (if u are part of that race!! :) - rest of us can be the parcel of spectators :) )