Helping You Build Wealth With Honest Research
Since 1996. Read On...

MEMBER'S LOGINX

     
Invalid Username / Password
   
     
   
     
 
Invalid Captcha
   
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

Revealed
India's Third Giant Leap

This Could be One of the Biggest Opportunities for Investors




Important: We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
By submitting your email address, you also sign up for Profit Hunter, a daily newsletter from Equitymaster
covering exciting investing ideas and opportunities in India.

AD

Samvat 2072 begins...
Wed, 11 Nov Pre-Open

Dear Reader,

Let us start of by wishing you a very happy Diwali and a prosperous year ahead.

As Samvat 2071 comes to an end, let us take a moment to review the year gone by.

One thing is clear if we look at the numbers. All those who entered the markets last Diwali would be disappointed as the markets have declined on a YoY basis. Most of this brunt can be blamed for the dampened earnings levels, as well as the fading hopes on the promised big-bang reforms. Also, the volatility in equity markets globally had a bearing on Indian Indices.

As per the Economic Times, this was the third worst performance in a decade and fourth worst in the last fifteen years. The BSE Sensex has lost about 3% this Samvat and about 6.5% in US$ terms. The hype surrounding the NDA government's ascent to power in 2014 has seemingly died.

However, this can be seen as yet another reminder for all who expect quick returns from the markets. Time in the markets is more important than timing the markets. All who embrace this eternal principle of the stock market achieve good returns.

Much delayed reforms are much needed for a bounce back in the market. However, we believe investors will be far better served if the focus is on individual stocks by following a bottom-up approach to investing.

As always, we recommend buying stocks with solid fundamentals only when they are available at attractive valuations. Time will then work in your favour and provide you satisfactory returns.

In short, ignore the noise, stick to fundamentals and you should do well.

Have a great year ahead!

For information on how to pick stocks that have the potential to deliver big returns, download our special report now!

Read the latest Market Commentary


Equitymaster requests your view! Post a comment on "Samvat 2072 begins...". Click here!