The year 2010 had been a wonderful year with market recovery accentuated by continuous heavy inflow of foreign funds since the mid of the preceding year. Despite the series of scams that did affect the NSE BSE market, the overall records on an average was satisfactory. What the BSE sensex and nifty exhibited during recession had been recovered in the last phase last year though the figures plunged again. And prior to the New Year, both the BSE sensex and nifty made it to the 20,000 plus and 6,000 plus marks respectively. It is no surprise if the NSE BSE market, as predicted by market experts, will soon overtake China’s growth rate over the next five years. At the pace that the capital market is developing, this prediction will soon come true!
The increased volatility witnessed for sometime during the last phase of the preceding year was due to a series of scams related to housing loan bribery, 2G spectrum scam, and more not to mention the weak overseas markets. Adding fuel to the fire is the inflation rate. With prices of oil, onion and other commodities going up, the NSE BSE market is greatly affected. Though inflation is projected to come down by 5.5 to 6% due to high base effect yet it is again going to rise in the mid year.
No matter what the tide of the NSE BSE market is what is of concern for you as an investor is maintain a win-win situation. Consider investing in those stocks listed in the NSE of India or BSE of India that promise increase in decent profits besides dividend payouts each year. So, you have bought stocks but unable to decide when to sell them. And your stocks are rising in value continuously. Well, if these are blue chip stocks and if you are confident that the company will grow further in the years to come, do not sell them off. Long term investments mostly turn out to the investors’ favor irrespective of the market volatility.
Do stock tips really help you in choosing potential stocks traded via the NSE of India and BSE of India? It is a partial ‘yes’; this is because there are several other factors that need to be taken into account even if the stock tips suggested by your broker are customized to your trading objectives. Well, given the countless online platforms, there is no dearth of stock tips being accessible online. Do get registered at a reputed stock broking portal to get tailor made stock tips.
The NSE of India and the BSE of India are the heart and pulse respectively of the Indian stock market. With both the indices (BSE sensex and nifty) exhibiting a good uptrend and with the New Year showering rays of big hopes, investors from India and worldwide are all geared up to put in their money and reap the gains that they have been dreaming of!
