Stocking it up

As an investor you need be watchful about the fluctuations in interest rates as it can have a huge impact on your equity investments. "If you are looking at investing in equities for a longer term, this is the time to invest in stocks. Interest rates will taper down soon and stocks will give you good returns in the next three to four years. Though fundamentals are still shaky, there are many positives lined up for the market. It is time to adopt a SIP-based long-term strategy for equity investments," says Sundararajan.

"Also, existing investors shouldn't hurry to book profit at the moment, as there is still a possibility of an upside by at least 5 percent. You should try to book profits at 20,000-level," he adds.

Saurabh Mukherjea, Head of Equities, Ambit Capital, in an interview with ET, focusing on the government economic reforms talked about the Indian market and what would drive the current rally of 19000 to 23000 in the next 12-18 months duration, reports ET.

The BSC benchmark Sensex touched 19,000 marks in early trade on October 4 by rising over200 points as the buying sentiments of the investors was boosted in expectation of government making further economic reforms by raising Foreign Direct Investment(FDI) inflow in insurance sector.

Mukherjea says, before Diwali media would get flooded with plenty of economic reform news which is like to come as the Indian government is taking several measures to uplift nation’s economy by allowing FDI in various sectors of Indian market.

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