Tuesday, July 5, 2016

Indian stock market - Just some observations

This is what I have been observing about the markets in the past few days......

(1) Articles forecasting stuff like NIFTY i.e. the primary Indian stock market index will go to 13,000 in 2 years. For the uninformed it is at less than 8500 currently.

(2) Every IPO is getting way oversubscribed by retail investors. It is already being said that this could be the best year for IPOs since 2011.

(3) On various forums, people are starting posts talking about quitting their jobs and shifting to equity investing/trading as a full time career.

(4) Colleagues at work, who have always thought that equity markets are risky, are discussing stocks with each other. No, they are not asking about investing, just about how to trade stocks and how to invest in IPOs.

Not making any conclusions, just stating some facts. All the above observations and links are from this week only. Are you readers seeing anything similar in your equity markets?

Take care and good luck!

You can follow me on twitter for latest blog updates. Also, here is the link for free subscription to the blog.

No comments: