Strategy to adopt when markets turn choppy (The Economic Times 28th Jan 2008)These have been turbulent times for small investors. With stock markets on a roller-coaster ride, while each fall led to panic across the board, every pullback raised expectations. But amidst the volatility and chaos, retail investors were left high and dry. There were opinions on almost everything, some said it’s time to buy, others suggested to hold on. Some even looked skywards for hope. But, as experts say, there’s logic in market movements. The art of investing and standing through tough times is equally important. Here’s a lowdown on what you should do when the markets turn choppy. More
Interest rates unlikely to go down (The Economic Times 4th Jan 2008)Interest rates are unlikely to fall in near future as it was expected with the State Bank of India raising the fixed deposit rate of various maturities up to 1.5 percentage points. Other banks are also planning to raise deposit rates. After SBI increasing deposit rates, other banks have no choice but to raise the rates to mobilize resources in the domestic market, chairman of a public sector bank said. As the cost of funds for banks will increase, they will resort to raising the lending rates. A senior banker said banks would announce the increased rates in near future. More Gold zooms past Rs 11,000 per 10 gm (The Hindu Businessline 4th Jan 2008)Gold prices made history as they soared to a record $ 865.35 an ounce in the London A.M fixing on Thursday, tracking which the domestic gold surged to Rs. 11,000 per 10 gm. On Wednesday, gold was fixed at $ 840.75/oz in London while in the Indian market it quoted at Rs 10,70
Comments