Where is the stock market going? Will it rise further? Or will it crash again? What should a small investor do in such a scenario? Should he hold on to his stocks or sell them? Should he buy stocks now or stay away from the market?
In an hour-long chat on
rediff.com on Tuesday, stock market expert
Madhusudan N Sarda answered readers' queries. Here is the transcript:
Madhusudan Sarda says, Friends This is Madhusudan Sarda, Director Research, Mehta Equities Ltd. I welcome you all for an Investor chat hosted by Rediff. This Investor Chat is from 4 to 5 pm. Kindly note that due to the time constraints indicated by the Host, not all questions might be answered. For unanswered or further questions you might look forward for any upcoming Investor chat session. Also please note that we as a firm or our clients might hold positions or advice in the stocks that we discuss. Please take a Buy or Sell position only after analyzing at your end and taking professional advice.
ms asked, How long would the IT sector take to recover ?
Madhusudan Sarda answers, at 2007-08-07 16:03:51Margins of the IT co's are directly affected by appreciating rupee. in the short term further Appreciation can not be ruled out.one can expect some more downside.
ms asked, Which sectors are expected to perform well in the coming year ?
Madhusudan Sarda answers, Power, telecom and Infrastructure stocks are expected to perform well
rohit asked, how is KPR IPO
Madhusudan Sarda answers, According to us this issue seems to be expensive, aslo it is catering to low volume European markets. Issue proceeds to be used for capacity buildup which is expected to add to the revenues after FY 09
ms asked, Can I enter SBI at these levels ?
Madhusudan Sarda answers, PSU stock look good as per the valuations recent infusion of funds by Govt would help SBI to meet Basel II requirement with out any dilution of Equity
nitin asked, when market will boom ?
Madhusudan Sarda answers, market sentiments are weak as of now. international markets are adding fuel to the fire. we can expect some volatility in the near term
rithesh asked, Your take on ABB?
Madhusudan Sarda answers, the company has posted good result for quater. it expects growth momentum to be sustained as the Govt spend on infrastrcture would increse
raovala asked, Hi... please share your views on ELECON ENGINEERING, GEODESIC, PRAJ INDUSTRIES,GATEWAY DISTRIPARKS and FERRO ALLOYS CORPORATION
Madhusudan Sarda answers, GDL is good long term growth story,Praj industries have posted good result. there has been some selling pressure after the announcement of Bonus
gupta asked, when do u expect a big crash in the market
Madhusudan Sarda answers, Nobody can time the markets and volatile times could be seen in the short term. one has to trade cautiously .
prince asked, Hi Sanda, What is the future prospects of Parsvanath Developers
Madhusudan Sarda answers, realty stocks have been out of favour lately. the interst rate have now peaked, once the rate start