suggestion about stock market in present situation

Saudi Arabia
October 17, 2008 1:20pm CST
Now indian market crush below 9000 since the current world wide businsess crises launched and stock market bolded down. we lost much and much. i purchased the stocks while market on 19000 and after that it started down and down till 9000. my almost 250000.00 INR invested in different diffrent sttocks which value is down more than 60% and i was waiting since more than a year to get stablized and upward the market but current situation is worry me . i can wait till more and more one year more to get back the market trend. can u suggest me what startegy i have to adopt? shall i purchase more or sale which i am holding.
3 responses
subha12
@subha12 (18441)
• India
20 Oct 08
It is global meltdown everywhere. at time sit was boom in share. the sensex crossed 21000 points. actually it is not at all advisable to put money into risk of shares if its hard earned money.I have not invested a single paisa there.
underdogtoo
@underdogtoo (9579)
• Philippines
18 Oct 08
I don't have any money at all for anything much less the stock market. Congratulations on your stocks in the stock market. May you have much success there. Cheers!!
fancymover
@fancymover (151)
• India
18 Oct 08
I was not a master in stock market., But as far as I know, If you sell your stocks, then it will be a damn loss for you. I suggest you to hold them for some more long time. This is a good time for buyers in stock market to invest but buyers must be careful in investing.