More worries for time being…..

The populist measures taken and the long-term growth driven investments made by the Finance Minister was not well received by the markets. The Govt. decision to write off the loans and its confusion to write-off (the long standing bad debts of the farmers) more as the increasing demand from all circles as the opportunity was thrown wide open, took the toll of the markets along with the global meltdown. The market fall provided great lessons to the investment community and to the swing traders “never are hasty to take investment decisions and always wait till the time is ripe”.

The length and the speed at which the market shooted up in Nov & Dec-07, the fall it took in latter part of Jan and March are best opportunities to exit and re-invest at this levels. The market operation never is ideal or convenient to the retail investor to take a right decision at right time. Any way these discussions are about the history and now any body could suggest what could be a right decision.

The best opportunity now available is to invest in blue chips considering the Budget proposals. The undisputed statement is Indian economy is an internal demand/growth driven economy and the proposed investments will not be differed. So focus on growth sectors that can safely lead the index to new highs with in 18 months from now. The market leaders are going to change this time from power to pharma related business.

This time the epicenter of the multidimensional industrial/economic growth will be health care- Bulk Drugs & formulations, Pharma research, CRAMS, Hospital services and allied services. The eco-tourism will become health tourism as an integral part of the health care services.