Wednesday, August 22, 2007
India stock update 23 August 2007
So, the level of volatility displayed, with the market either showing big up or down jumps caused a big scare in the market. And that is what the market has been doing now for some time, either jumping way up or way down. So, it is tempting to invest say when the market is down, but you can never time the exact down of the market. I am right now holding still, trying to restrain myself, although I am investing a bit in some Mutual Funds such as Franklin Flexicap and SBI Magnum, and looking at shares such as Era Con, Reliance Industries, Walchandnagar, etc that have fallen.
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