Broader Market Participation To Improve Further !
I am extremely happy and excited to inform you that our current issue is the 33rd Anniversary Special issue. Indeed, it has been glorious 33 years of helping investors in India create wealth for themselves. These 33 years were full of challenges, victories, hits and misses, sweat, learnings and unlearnings, technology upgradation and information sharing. While all these years were action-filled, at the heart, we simply wanted our investors to make some money for themselves. Majority of them did, and that is the only reason why we still do what we do best—guide investors with money-making ideas. I sincerely thank all the investors, both old and new, for believing in us. Be assured of the best coming from our side for years to come.
Coming back to the markets, we have been saying loud and clear that there is no major worry for the markets and that the broader bullish undertone of the market is intact. I am delighted to share the excitement of the revival in the market mood we are seeing in past couple of weeks. The stocks are jumping anywhere between 10 to 20 per cent, and that too in no time!
I think it is nothing but a nice well-timed pre-market rally that we are all witnessing. The FIIs have turned positive on the Indian markets and are participating via the ETFs and the block deals. Also, the markets appear to be factoring in a NDA victory. The popularity of our Prime Minister Narendra Modi is on the rise and there is no leader among the opposition ranks that matches his stature. In my view, investors who are waiting for the election results may be at a loss as the market is in no mood to wait till the election results to unleash itself. The cover story in this issue talks about the top wealth creators in the past few years and discusses the market outlook for the remainder of the year. The outlook remains positive and the broader market participation can be expected to improve noticeably. Do not miss the list of top 150 wealth creators. The list will help you in your investment decisions.
In this Anniversary Special issue, we have Mr Ashish Chauhan, MD & CEO of BSE, whom I consider a top class regulator and a world class administrator, contributing his views on what is happening at the Asia’s oldest stock exchange. It is interesting to note what he has to say to all the investors. Do let me know your feedback on the inputs shared by Mr Chauhan.
What has gone unnoticed all these days is the way gold has been performing. In our special report, we have reiterated the importance of gold in an individual’s portfolio. Gold is a precious asset and should be a part of the overall portfolio of any investor. Do read our special story to understand the gold price outlook for 2019. Looks like 2019 is going to be a year where we have both gold prices and equity prices (Sensex) moving up.
The way to win in this market is by going long on quality stocks. We have said this before and we repeat it today – the year 2019 is going to be a year for wealth creation. The financial assets should do well not only in 2019, but in the coming three to five years. Remain invested, don’t attempt to time the market and continue building a portfolio for the next five years. The broader market rally may be sustainable this time around.
Wish you happy investing in the days ahead!
V B PADODE
Editor-in-Chief