Do you invest in stocks?. Nice time to invest ?
“Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can’t buy what is popular and do well,” Buffett says.
| Do you invest in stocks?. If yes then your portfolio would have being halved by now, thanks to falling markets. But is it a good time for bottom fishing.I found many BSE 100 stocks reaching their 52 week low. have the stocks bottomed out, may be ,may be not. |
But i would say its a nice time to invest, not big but carefully in small ways without hurting your self much. Say around Rs 25000 and then see how market goes. I was thinking about Reliance Industries, bombay dyeing, ONGC and few others.
For example i got to read Bomday dyeing promoters are increasing their stake and they did buy its stocks at 600 Rs and now its around 220. I feel its a good buy considering its enormous land banks worth 20000 crores and fundamentals are good. You can consider stocks where promoters are buying back stocks.
I plan to do in a very small way and see if it benefits. Any way i am sure it would beneficial down the line. What do you say?
Bomday dyeing when i wrote this article it was 210 and now its 250 today.