While people are worried that the Sensex is at lowest level in 2 years the situation is actually more worse. The PE ratios at which the stocks are trading are at 2002 levels, so the sensex is at 2002 level and not at 2006 level, more cause for concern right?
not really bad news.. this is a correction which was widely expected and is good for the market.. ofcourse its not great for those who invested over the last 3 yrs.. but definitely an opp to get in now..
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not really bad news.. this is a correction which was widely expected and is good for the market.. ofcourse its not great for those who invested over the last 3 yrs.. but definitely an opp to get in now..
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