This is a good lesson for all brokers, investors and fund managers. Market is matured now, investors are matured, retailers are matured therefore we will not be able to make 150% return in one year like we all made in 2009-11 period. With interest rates being 6% and borrowing rates being 10%, credit is freely available. As a result IRR/Profit expatiation levels of stock market investments have dropped significantly due to low cost of funds. Current days Investors are happy with 25% p.a from the stock market instated of 6% from the Bank.
So there will be constant fluctuation of similar type until market will get fully adjusted to the latest corporate earnings and economic/political outlook of the country. Decemeber quarterly results or any prior prediction of the budget impact would help all of us to identify good stock for the new year.
Good Luck!
Last edited by Sstar on Tue Oct 14, 2014 11:04 am; edited 1 time in total