Market update

Market seems to have nose dived. What a chnage in confidence a Rs5 hike in petrol can do. Govt of India have increased the Petrol, Diesel and LPG prices. But people in India fail to understand that is global phenomenon but they are taking it personal against the govt. The price hike has given rise to the speculation that the other parties may withdraw support and we may have early electons. Market usually over reacts to polictical uncertainty but I think long term investors should stay in the market. There are some good bargains available. Look at companies with high yield. Investing regularly in these companies at regular intervals will pay off in long term.

I am in long term here....