EUROPE CRISIS TO ERODE 15% OF EQUITY VALUE:
ts been predicted that Europe Crisis may erode 15 to 20 percent of equity value world wide.So Investors are advised to stay out of the markets till the situation improoves which may take 15 days to one month or more.In Indian markets value buying will emerge only below nifty levels of 4800 to 4400 which is supposed to a fair value says head of equity analysts research centre.One can sell all their equity holdings today to get a better entry rates of stocks.Some typical bounce back may be utilised to sell.The second wave of recession has already begun
Remember one thing: the cash crisis of Greece and the ash crisis of Iceland will have an impact on our stcok markets, but in the abscence of any deep Indian involvement in the Euro zone, or Iceland, this impact is bound to be a short-lived one. I need not quote the reports of various authoritative sources who are extremely bullish on India and our markets. I will only say that in the long run, the India growth story remains very much on track and the cash and ash crisis that affects the ECM , the US and other developed countries will not afect us to any significant extent. All this is based on the presumption that one is an investor, believing in India's future, rather than a speculator out to grab a quick buck by duping others.
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Speclators have already bugged and they will further bug in down-going market as well in uo-going market with in-side tips,this being total hypothetical and,flimsy market ,no sensible person will be safe in short term trading.