Market is heading towards new record highs. The sudden upmove have shocked many investors and people are planning to invest in market.
But should you really think to invest in market before general election of 2014?
The upmove in market is definitely not because of any economic growth. The upmove may be because of reasons like Liquidity, or possibility of Modi winning the elections.
Liquidity may not last longer as inflation is never going to be in control of present UPA government.
And chances of Modi winning are high but sure, so investing based on this hope is still like a poker game. He wins you gain, he lose you lose.
My advice would be, Invest only a fraction before elections and invest pending money after elections.
And another thing to do would be buy a nifty long and if modi wins you will gain high and vice versa.
Posted 3 years, 5 months ago by Stock Guru
Its the best time. I mean if you want to take risk.
Modi Wins ----------------> Huge Gain
Modi Lose ----------------> Huge loss
Decision is your now.
Posted 3 years, 4 months ago by CA Pulkit Sharma
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