dear friends,
looking at the economic and political scenario at the national and international scenario, i think that the markets will remain down at least for the next three to four months.
consequently, i think it would be best to adopt the following investment strategy for the coming months:
Priority 1: Gold ETFs
Priority 2: MF schemes specialising in the pharma sector
Priotity 3: direct buying of shares of companies in the pharma sector
Priority 4; shares of blue chip companies in other sectors, such as ONGC, L&T, BHEL, Reliance, Tata, Infosys
Priority 5: MF eqity diversified schemes
meanwhile, one should keep a constant watch on the developments in the economic and political spheres both within the country and outside, particularly the US.
Once we start getting signals that the market could begin moving upward again on a sustained basis, then we could move the money as follows:
Priority 1: MF equity diversified funds
Priority 2: shares of blue chip companies
regards
sunder |
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