INSUBCONTINENT EXCLUSIVE:
unsettling as a roller-coaster ride, sending giddy waves every time you thought handsome stocks were coming cheap
monthly point-wise declines since October 2008
The BSE Sensex lost over 2,400 points, while Nifty shed some 700 points.
Amid all this, Twitter was abuzz with stock tips, investment ideas,
bits of advice and tough questions for those authoritative market voices.
Where to investDalal Street mavens in their tweets made a strong
case for staying put, and not giving into the selling pressure that has
engulfed the market
They are recommending investors to buy stocks with a long-term view, as they feel most stocks are now available at cheap prices
They are also advising mutual fund investors to stick to their SIPs.
Look, who all are asking you to invest in NBFCs:1
Sandip Sabharwal, Investment Advisor, Asksandipsabharwal.com3
Nirmal Jain, Founder Chairman, IIFL Group4
Samir Arora, Founder Fund Manager, Helios Capital believes the good NBFCs will surviveAnd then, there were other investment ideas and
Sandip Sabharwal on auto SIPsInvesting lessons:Moving away from the direct stock and sector-based investor tips, these investors had some
investing lessons to share
tips is this: Rome was not built in a day
It takes time to build something great and long-term is the way to think
How to improveIf market is all about returns and wealth creation, how can you think of making money if the market is riddled with so many
governance, solvency and adverse macro-economic issues
First and foremost, the ILFS problem
Street diagnosed the ILFS woes:
1
grim as it has been painted.
2
Agreed
And then, there are others prescribing possible panacea to turn the tide in the market.
1
Shankar Sharma has been introspective
He says the macro issues that were a headache for India some 25 years ago are the same even now
that ends well!Yes, this month was one of the worst for Indian equities, but probably this Samir Arora tweet can put a smile on your
face:
