Saturday 11 October 2008

Global sell-off impacting Indias asset valuations:KRChoksey

According to KRChoksey Research, Global Markets are facing the write offs and as consequently rest of the markets of the world are in a sell-off mode. We have always believed that India is relatively strong due to its internal consumption led demand boom. However, now it is on a potential threat of losing this advantage as global sell-off is impacting its asset valuations.

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Source: Moneycontrol

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DISCLAIMER: The author is not a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index or any other financial instrument at any time. While he believes his statements to be true, they always depend on the reliability of his own credible sources. The author recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, before making any investment decisions, and that you confirm the facts on your own before making important investment commitments.