Stock Exchange imacpted severely in 2008! comment?
The sensex in India has benn sevearly impacted in 2008 by various factors, wiping out thousands of crores in household and corporate wealth. some say it happened because the indian economy has integrated more than ever with the global economy. given this can the regulators minimize volatility in the stock market ? what actions do you recommend ?
July 14th, 2010 at 12:55 am
There’s no use commenting on 2008. The damage is done. Focus on 2009. The world markets are on the mend.
Standard and Poors introduced an index called called the S&P India 10 index. Two stocks that are doing well in the index at the moment are:
Infosys Technologies
(BSE: 500209 , NSE: INFOSYSTCH )
Sterlite Industries
(BSE: 500900, NSE: STER)
If you want to minimize volatility, learn about a method called: dollar cost averaging. Do a Yahoo search on it.
It’s actually good that the Indian economy is more integrated with the global economy because it means other countries are investing in and create more jobs in India.