Instead of me saying all the things I would ask my readers what you think of 2010 market? Don’t be afraid to speak your heart out because no one can predict market perfectly and you may be wrong like I have been many times.
Last year I suggested what we could expect from 2009 but this time I will do something different.
Instead of me saying all the things I would ask my readers what you think of 2010 market? What you expect for Sensex and Nifty or even any other stock?
Don’t be afraid to speak your heart out because no one can predict market perfectly and you may be wrong like I have been many times.
My prediction on our markets in 2010 was quite close.
i think sensex will come to 12000 , it can come from 18000 or 21000 but final stop is 12000, as per me due to financial packages which all government had given is taken all equity markets up, but when ever this stops market will come down. this is my thinking, i am fully invested in mutual fund, and setting 80% cash in my demat account. thanks
OK. Here are my views/opinions
1. Upto March end the market will be volatile(more/less), Until we here the news that the stimulus package will not be withdrawn , but once the news comes saying that stimulus will be withdrawn then investor sentiments will be somewhat -ve hence we could see a downtrend.(Stimulus package should be withdrawn gradually wothout causing the market to comedown by large margin…) Once the stimulus package is withdrawn the stimulated shares which went up will come down provided that the balance sheet of the cmpny was not so good or perhaps not good…
2. I think in FY11 IT, telecom will do better…provided rupee/dollar index has morre voilatility
3. After budget, depending upon the +ve news market will be stronger.
I think the market’s will not be as volatile as they are tday is 2010…. SEBI i guess would curb speculation in the midcaps and small caps by implementing stricter norms and regulations… i guess traders would be affected.. The markets shld correct et least 25% from these levels or at higher levels after which i guess we would see the market stabilise…. I would advise small investors to stay away from the mid and small caps… and stick to fundamentally strong scrips or blue chips …… This market is only for Mutual fund’s and FII’s and not for too long i must say… i would stay away and hook onto the property market for a year or two….
iam not a stock market expert but i think some triggers like food inflation,RBI credit policy,budget are crucial,which can drag market on either sides.overall market range can be expected from 16200-19500 in 2010.All the best to all investors ,happy investing
Ok i’ll give it a try .. being a reader of your blog and a 6 month
old novice in Stock Market.
First of all, the rally in 2009 is not backed by good volumes ..so
that did not sound very encouraging to me. Still I feel that Nifty has formed a support at around 4700-4800 levels, it has spent quite some time in that zone or slightly above that zone. Assuming that it does not break that levels, I see our markets going 20%-25% higher in 2010.. reason being good GDP growth, stable govt and some sectors that were badly hit in late-2008/early 2009 are already back to their normal levels. Services & Infrastructure sectors should do well. However I feel that a couple of things that can cause a blip in 2010.
1) Stock markets may react strongly to budget. Some volatility expected around end Feb.
2) Govt. withdrawing the stimulus package. I have absolutely no idea
of the effect that it is going to have on the market. But i keep
hearing that it will withdraw liquidity from the system.
And I sincerely hope that we do not have to hear any more news of a
big financial institution failure OR some sovereign going bust in this year.