This year, the most common advice to investors has been not to go overboard. The reason: With four days to go before June 30, all asset classes have done precious little to attract interest from retail investors.
No wonder, someone like Vishal Desai, has decided to put aside his investment plan for the moment. He has not invested a rupee in the markets, since January. “I really don’t know where to put the money,” he says.
The volatility in the prices of most asset classes in these months has made everyone cautious. The Bombay Stock Exchange Sensitive Index, or the Sensex, is moving between 15,000 and 18,000. Similarly, gold has been trading in the Rs 27,175–30,295 (Rs /10g) range and silver between Rs 51,100 and Rs 60, 820 (Rs /1kg).
No wonder, given the range of trading remaining at between 10-20 per cent for all the three asset classes, investors or experts have found it difficult to take a call.
Asia’s first covered Sukuk issued by MBSB
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MARC assigns preliminary rating of AAAIS
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New guidelines for Islamic banks, Takaful
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