Garage sale in Dalal street

With the sensex falling everyday, talking about the market is taboo. But heck, i like this taboo topic at least.
Agreed the inflation is in double digits, the FIIs are selling but the world has not stopped yet. And most likely it will not.
This too shall pass.

I am curious to know the fate of the following in the coming months/years:

Tata Motors
Amara raja Batteries
JK Lakshmi Cement
PNB, Canara Bank and the gang.
India Glycols
ABG Shipyard
Bharati Shipyard
ITC
Idea (possibly a debt free company post spice merger)
Marico
Quintegra Solutions
Wipro
Sasken
ICSA

One can have fun by periodically investing some savings in any of these stocks for the next five years. People who make money are those who buy less and sell for more. I believe that is not going to change because of sub-prime mortgage. Just like irrational exuberance, irrational pessimism do not last either.

PS: I am having lot of fun looking at real estate stocks and Reliance Power everyday. Prajay Engineering is attractive though.

One Response to “Garage sale in Dalal street”

  1. prabukarthik Says:

    karthik

    I am an eternal optimist w regard to some good quality stocks :)

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