Instant Tip ; the Fortnight's Burning Question. The Sensex Is Trading at Less Than 16,000. Is It the Right Time to Buy Stocks?

Business TodayJuly 03, 2008

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The fortnight's burning question. The sensex is trading at less than 16,000. Is it the right time to buy stocks?

No. Ramesh Damani, Member, BSEI don't think this is the right time to invest in the stock market, as it is likely to fall even further. Factors such as high interest rates, soaring inflation, the global slowdown and rising oil prices will keep all Indian companies under pressure. Valuations of Sensex stocks, in particular, are also still pretty high.

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Instant Tip ; the Fortnight's Burning Question. The Sensex Is Trading at Less Than 16,000. Is It the Right Time to Buy Stocks?

Yes. Sandeep Shenoy, Strategist, PINC Resea...

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