Yesterday I was happened to be at Investor Camp at Taj Hotel, Chandigarh.
It was creditable discussion and incredibly informative. Mr. Udyan Mukharji is crusader to make the Indian investor extra attentive, intelligent and smart. He is very soft spoken and pleasing personality. Before starting the program he was sitting silently in last row of the chairs. When i asked him, “do you invest”? He politely answered, “I am bound with my service rule which doesn’t allow me to be investor in stocks”. Then again i asked him, “Suppose service allowed” he said, “personally i am not interested at all”.
Beside him there were PN Vijay, Sudarshan Sukhani, Rajan Shah and Ashwani Gujral
PN Vijay emphasized on not showing courage when the market is at extraordinary fall or unusual at upbeat. He said there must be fund allocation say 20% in each sector. The investor must choose at least one contra sector to the economy. He concluded at the advice that one must spread his money to 15 to 20 stocks.
Surdarshan Sukhani started the note with humor, he crack a joke on a stock investor. Some one asked a stock investor what kind of investor he is, a bullish or a bearish, the investor replied, “nor bullish neither bearish but ass”
Surdarshan Sukhani was frank when he disclosed that technical chart or technical analyses are very important but in the last you have to tell your broker where to invest. Hence be careful, be awaken before investing in stocks. He highlighted how the greedy leads to loss so cash on whenever handsome buck is coming. Don’t be panic be conscious.
Rajan Shah advised more attention on very low profile agriculture sector. He stressed to invest in agriculture sector. He gave logic behind this. He argued at whenever there is any development in the society food is the first priority of the human being. Consequently the entire sector related to food shall grow.
Ashwani Gujral stressed on commodity. In this scenario commodity is awfully safe way to make buck. He predicts gold will touch 20000 to 25000 in near future. He advised to the gathering to open account for the commodity and start it without any delay.
On one point all the speakers were confident that the Indian financial system is very concrete besides other shortcoming. The financial crises alike USA is impossible in India because of tough check on the systems.
