Home » Forums » Stock Market » Stock Tips

Bluechip Stocks - Right time to stock

Posted on: July 16, 2008 - 9:35am
Financeman
Posts: 79
Joined: 2008-04-30
User is offline
Bluechip Stocks - Right time to stock
With the sensex dipping 400-450 points on a daily basis and hovering around the 13000 level, the bluechip stocks come at an attractive rate. The Bluechip stocks come at an extremely low price compared to other times. A large cap company is probably the worst hit in this market scenario. As a result their Market Value has dipped a few notches. This is the time when a common man should stock up his scripts to earn sxtra profit. If you happen to suffer from loss thanks to investing when the market was very high , this is the right time to invest and even out/ average out your returns.

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Posted on: August 22, 2008 - 1:34am #1
stocktalk
Posts: 9
Joined: 2008-08-19
User is offline
today's market tips
Domestic markets are poised to open flat today on the back of mixed global cues. Wall Street ended mixed tonight and major Asian markets are also trading mixed today tracking flat U.S. cues. In the last session, the Indian markets ended sharply lower on the back of surging crude prices and weak global cues. Further, fears over inflationary pressures ahead of the release of wholesale inflation data in the evening restricted fresh buying. Stocks across the board declined sharply. Banking, realty, public sector and power stocks bore the brunt of selling. Inflation which surged to 12.63% inline with market expectation was factored in yesterday .New shorts positions were built up in Nifty August and September series. With the absence of any new triggers expect the market to trade with a negative bias amidst choppiness. According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 1,176.72 crore and bought index options worth Rs 631.35 crore. They were net sellers of stock futures to the tune of Rs 9.37 crore and sold stock options worth Rs 6.99 crore.