1. All the investors must come to the terms with the fact that year 2009 will be a difficult year for the share market. Even fundamentals of corporate earnings are alos appearing to be in doldrums. Moreover interest rates effect will be visible in October and thereafter December onwards.One will seeing the results of hike in interest rate in year 2009 results. Results for decline of interest rate will be visible by beginning of year 2010.
2. Current account deficit and tight banking liquidity are two main concerns of India. One can safely downgrade the earnings of FY 09 and can further reduce earnings for FY 10. However long term investors need not fear and invest in sound fundamental companies only to have the factor of time working in their favour.
2. Current account deficit and tight banking liquidity are two main concerns of India. One can safely downgrade the earnings of FY 09 and can further reduce earnings for FY 10. However long term investors need not fear and invest in sound fundamental companies only to have the factor of time working in their favour.
