Indian market at Bottom!!!

13000 and going further down... well this is very dialogue which you can hear on any business TV channel in India.

I see this a good buying opportunity and create portfolio.

As Warren Buffet says- you should get greedy when others are fearful and fearful when others are greedy

IPOs - All gone bust

I had a major argument with my peers when sensex was reigning 18-20K.
My view has been not to bet on IPO as gamble. IPO were selling hot cakes just because they were shorcut to double money. Well unfortunately, those who are sharp make money and exit but layman in general gets greedy to keep stock making more money.
Result- Sensex came down and IPO dreams got busted. Today most of IPO are trading at 40-50% discounted price.
Stocks are not gamble, they are be played with calculated risks for making all profits.

Stock Market turbulence across globe

27th Feb saw turbulence across stock markets globally.
With Chinese market witnessing selling, and a drop of 8% the effect was reflected across asian markets including Japan, Thailand, India, Singapore moving further to Dow Jones.
Dow Jones dropped by percentage which is lowest after 9/11. However, the stocks seems to be moving up positive now
As about Indian market, Sensex need to build more fundamental growth than just money inflow one.Most of Indian stock are measured by multiple factor wherein stocks should be measured by growth weight.The moment there is change in sensex, its fall as in bottomless pit like it happened on 23rd May,2006.
India quikly needs to keep stringent check on inflation and Real estate price.Too much money coming as FII, can lead to Bubble in real estate market.
Key sectors to gain money in stocks would be Infrastructure, IT and Telecom