Q.
Rcom may recover, but within two years the telecom sector will experience a slowdown due to agriculture crisis. mobile phone usage will slow down, nevertheless hold it.titan, ril, rpl, reliance capital, pantaloon retail, reliance infra, bhel, L&T are franchises with an enduring brand value. these are the stocks which you should hold for a 10 year horizon. stock market is a relocation center where money moves from the impatient to the patient. be greedy when others are fearful, be fearful when others are greedy. market is headed lower. can fall to 10,000 levels and may not recover for 3 years.
About: Company: Reliance Communications Ltd.
Asked by ravishankar,
02 Jul '08 07:45 am
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Answers (4)
1.
Ravishankar..who will wait 10 yrs...people nowadays
think only 1-2 yrs max..sensex will crash to 8000 fair market value
Even NRI can buy house in india..esp cities..
its so expensive.
Im living in usa..tell me.
Answered by vikas k, 03 Jul '08 01:14 pm
think only 1-2 yrs max..sensex will crash to 8000 fair market value
Even NRI can buy house in india..esp cities..
its so expensive.
Im living in usa..tell me.
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2.
Instead of waiting 10 yrs with sensex, I would recommend to buy gold/silver/cruide and wait for 5 yrs. It can give you huge returns than share market.
Answered by Vipul, 16 Jul '08 08:47 pm
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3.
Fully agree with you. The stocks you mentioned should be held for 10 years. they will give atleast 20-25% returns year on year
Answered by Sumeet Nadkarni, 03 Jul '08 05:40 pm
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4.
Fine very true the sensex will go down but rather than holdin your capitals its better to buy in every dip and sell it in every rally..Tat is how it goes...ITS BETTER NOT TO KEEP ANY STOCK FOR A WHILE....AND YA IT CAN NEVA HAPPEN MARKET WILL JUST GO DOWN IT HAS TO GO UP THEN ONLY INVESTORS ARE GOIN TO ENTER IN INDIAN MARKETS
Answered by SANDEEP GARG, 10 Jul '08 02:40 pm
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